RSM Tenon appoints administrators; suspends shares

Laura Miller
clock • 1 min read

RSM Tenon group has appointed administrators and has suspended its shares following an announcement this morning that a takeover deal by Baker Tilly has fallen through.

Lloyds Banking group has pulled its financing facilities for the firm, meaning that RSM Tenon "does not expect to continue to be able to meet its liabilities as they fall due". RSM Tenon's board...

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