Daily News: February 28, 2014

Reuters: Rothschild/Houlihan Lokey Advise on Possible PHS Restructuring

Reuters reported UK hygiene services company PHS Group appointed Rothschild and its lenders Houlihan Lokey to advise on a possible debt restructuring for the debt laden company, banking sources said on Thursday.

According to Reuters , Charterhouse acquired PHS in 1999, floated it in 2001 and bought it back again in 2005.

To read the entire Reuters article, click here.