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Receivers and administrators called into Field Solutions Group

Summary by ARN
A secured creditor of publicly listed regional telco provider Field Solutions Group (FSG) has called in McGrathNicol as receivers and managers for the business. The receivers appointment on 19 February occurred alongside FSG’s board resolving to appoint Barry Wright and Daniel Juratowitch of Cor Cordis as voluntary administrators.  Control of the group now rests with the receivers who intend to continue to trade on a business-as-usual basis whil…
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ARN broke the news in on Thursday, February 20, 2025.
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