Troubled Versarien in talks for £200,000 rescue bid five years after £150m valuation
South West engineering materials company Versarien is close to securing a £200,000 deal for the company which was valued at £150m less than five years ago.
The graphene specialist has been fighting off crises in recent years and has repeatedly warned it is running out of money.
This summer it began a process of selling off assets and placing some parts of the business into administration.
It suffered a further blow in August when a planned joint venture with a Chinese firm was blocked by the Government over national securit... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
