Troubled consultant hires investment bank to advise on tackling debt

Troubled consultant Mouchel has signed up Goldman Sachs to advise the firm on how to tackle its estimated 拢90m debt.

Sources told the Sunday Times the investment bank was considering a number of options, including a break-up and sale of the business and a debt-for-equity swap to hand ownership of the company to its lenders.

Shares at Mouchel have fallen almost 90% over the past year, after and an damaged investor confidence.

Mouchel sold two parts of its business last year 鈥� its and its .

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