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Siteserv in advanced talks on possible sale

Denis O'Brien interested in Siteserv operations?
Denis O'Brien interested in Siteserv operations?

Business services group Siteserv has said that it is in advanced talks which may lead to a sale of all of its operating companies.

In a statement, the company said that such a transaction, should it materialise, will require a vote of shareholders and that at this stage it is not possible to quantify the final financial impact of a deal.

It added that a sale is not expected to have any negative impact for staff, customers, key business relationships or suppliers. It said that a further announcement will be made in ''due course''.

Weekend reports suggested Denis O'Brien was the front runner to buy the company.