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Read the article from UK's newspaper The Independent and answer the following questions in writing:
1. What caused Carillion's collapse?
2. Why did banks refuse to restructure Carillion's debt?
3. What is the difference between administration and straight liquidation?
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These resources come from Absolute Finanacial English by Julie Pratten, Delta Publishing
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In the ensloced file, you will find information needed to prepare and participate in a meeting aimed at rescuing Carillion.
The outcome of the meeting is unpredictable, but each participant must take up a role and prepare to make a strong case around his/her role.
The language of meetings must be used.
The activity can bring you 15 points.
131.6 KB