Troubled contractor HOC sold by Opus in prepack deal
June 28, 2016
Construction News reporter Mark Smulian sets out the details of the deal by Administrators, Opus Restructuring for the sale of certain of the assets of London-based specialist contractor, HOC (UK) and the possible impact on its creditors.
“London contractor HOC (UK) has entered administration and been sold in a ‘prepack’ deal after a dramatic surge in turnover last year, as creditors seek to recover their money …”