UPDATE 2-Kier to sell housing businesses, cut 1,200 jobs and suspend dividend
Kier Group will sell its
housebuilding and property businesses, cut about 1,200 jobs and
suspend its dividend for at least two years in a radical
overhaul designed to lower debt and stabilise the business, it
said on Monday.
housebuilding and property businesses, cut about 1,200 jobs and
suspend its dividend for at least two years in a radical
overhaul designed to lower debt and stabilise the business, it
said on Monday.
Posted by Reuters