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There is no 'restructuring' and no reason for the cabinet office to trouble itself with Kier. All Davies is doing is selling some Kier businesses. The company is solvent, debt is reducing anyway, it has plenty of financing and only draws on about half of its available credit. Nothing to see here. Just the UK's second biggest construction firm continuing to build schools, hospitals, commercial parks, roads etc all over the country. The share price will now recover steadily, maybe with a quick rise when the residential homes business gets sold.
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