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Birmingham Post
Birmingham Post
Business
William Telford

South West construction giant Midas confirms intention to appoint administrator

Midas South West Exeter

Troubled South West construction giant Midas Group has confirmed that it wants to appoint an administrator in a move which has stunned the region.

The business, one of the UK’s largest privately-owned construction and property services companies, filed notices of intention to appoint an administrator on Friday, January 28.

This was for three companies: Midas Group, its construction arm Midas Construction, and its housing division Mi-Space.

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