By Esha Vaish
(Reuters) British contractor Interserve <IRV.L>, which is in talks with its bankers to secure funding after issuing two profit warnings last year, has decided to close its power business as part of an operational restructuring of its industrial unit.
Outsourcers such as Interserve have been the focus of investor attention since competitor Carillion <CLLN.L> entered liquidation in January, putting 43,000 jobs at risk.
Interserve, which employs about 80,000 people worldwide, is a major player in the outsourcing industry, managing facilities including washrooms and waste management at most of Britains busiest rail stations and some government departments.
Interserve said it had decided to exit its …
Read the full article at: http://www.euronews.com/2018/02/21/britains-interserve-exits-power-business-as-part-of-restructuring