Revealed: Funds Hit by the Carillion Collapse

Construction company Carillion went into liquidation yesterday, leaving thousands without jobs and shareholders - professional and private alike - with no cash

Emma Wall 16 January, 2018 | 2:40AM

Carillion

Construction giant Carillion (CLLN) went into liquidation yesterday, as plans to restructure the company’s debt failed to come to fruition. The firm had been in talks with key stakeholders – including the UK Government, since Thursday.

“Despite considerable efforts, discussions have not been successful, and the board of Carillion has therefore concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect,” the statement released yesterday read.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Carillion PLC14.20 GBP0.00
Janus Henderson UK Eq Inc&Gr I Acc1,003.04 GBP-0.59
Lowland Ord956.00 GBP0.21
Value And Income Ord146.76 GBP-4.08

About Author

Emma Wall  is former Senior International Editor for Morningstar

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