UPDATE 1-Kier to sell housing businesses, cut 1,200 jobs and suspend dividend
16 Jun UPDATE 1-Kier to sell housing businesses, cut 1,200 jobs and suspend dividend
Posted at 06:51h
in
News
by KMFSLLP
Kier Group will sell its
housebuilding and property businesses, cut about 1,200 jobs and
suspend its dividend for at least two years to lower debt and
stabilise the business, it said on Monday.
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