This morning, I wrote that Roadbridge was in talks with its main lender Bank of Ireland about its future prospects. I have written about the company on multiple occasions – mostly about how it was unprepared for an economic shock and how its business model differed from other contactors. Today, I questioned whether the bank could back its future as negotiations between both sides continued. This afternoon, we found out. In a statement, the construction firm said: “’It is with regret that, as result of insurmountable financial challenges, the Board of Roadbridge Holdings Ltd announces that it has requested Bank of…
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