￡170m refinance deal for troubled Mouchel

摘要

Beleaguered support services group, Mouchel, has secured a ￡170m refinancing deal as the takeover bids mount up. But City investors have already warned they expect the firm's takeover to go ahead. The company, which has partnerships with several leading authorities, including Liverpool City Council and Middlesbrough Council, announced last week it had signed new facilities two months earlier than expected. The deal is expected to be completed by the time Mouchel's interim results are published at the end of March.