On 15 January 2018 Carillion plc was forced into liquidation. Prior to its demise, Carillion was a multinational construction services and facilities management company with headquarters in Wolverhampton, United Kingdom. Carillion, prior to its liquidation, had liabilities of about £7 billion, was the second largest construction company in the UK, was listed on the London Stock Exchange, and employed about 43,000 individuals. Carillion’s failure resulted in project delays and terminations, job losses for its employees and suppliers, and financial losses to its partners, investors, lenders, suppliers, and pensioners. The final report of a Parliamentary inquiry described Carillion’s insolvency as “aThis page is restricted to NEDonBoard members only. Please login using your username and password or become a NEDonBoard member here.
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