Midasgroup, Co, UK: Construction giant Midas confirms intentions to appoint administrator after tumultuous year

Construction titan Midas has confirmed it is planning to appoint an administrator after the firm experienced financial woes in the past year. The Devon-based firm filed a £2m loss last year, marking its first deficit in 40 years of trading. Rival firms have reportedly approached Midas about a possible rescue deal, according to trade publication [...]The post Construction giant Midas confirms intentions to appoint administrator after tumultuous year appeared first on CityAM.