The Latest Breaking News from Teneo

Timeline to collapse: how it all went wrong for South West construction giant Midas

Exeter-headquartered company's demise blamed on Covid, inflation and lost contracts and sealed when bank cancelled overdraft as subcontractors went unpaid

Birmingham Post · Feb 24, 2022

Covid blamed for collapse of South West construction giant Midas

Administrators from Teneo appointed as construction work ceases and 303 workers face redundancy

Birmingham Post · Feb 9, 2022

Teneo Launches Financial Advisory Business in the Middle East

New York-based Teneo said on Monday it was launching a financial advisory business in the Middle East. The company has hired restructuring veterans Matthew Wilde and Elie Fakhoury from AlixPartners, it said, Reuters reported. Wilde was involved in the restructuring of Dubai builder Arabtec and hospital operator NMC healthcare, while…

Asharq Al-Awsat · Jan 24, 2022