PwC hoists Titan Cranes in front of white knight investors

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PwC hoists Titan Cranes in front of white knight investors
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PwC’s restructuring team is on the scene at cranes and rigging company Titan Group.

PwC’s restructuring team is on the scene at cranes and rigging company Titan Group, a big player in Australia’s construction and mining equipment markets, fuelling expectations of an emergency sale or equity injection.

Sources said Titan Group had found itself in the “bad bank” at its lender and hired PwC to help consider its options.

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