BusinessCompany NewsConnaught accounting issues may dent sell-off plans

Connaught accounting issues may dent sell-off plans

Issues with Connaught's accounting for contracts could dissuade investors from snapping up parts of the company

FTSE 250 company Connaught’s accounting issues could dent its sell-off plans.

The move to sell parts of Connaught’s business is one possible option being
considered to ease its debt problems, but potential buyers may take a dim view
of the situation,
the
FT reported
.

The property services company has called in Deloitte to undertake a review of
its accounting practices in the wake of its problems.

Further reading:

Connaught
finance director steps down

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