Management of risks following deal signature

8.  Seven months into the deal, Mapeley approached the Departments with a number of financial claims and requested more money to deal with a serious cash flow problem. It took the Departments some time to establish the nature and extent of Mapeley's financial problems. Following favourable movements in the commercial property market, the company's financial position improved and its shareholders provided further short term funding. However, even with this improved financial position, the deal was finely balanced.8




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8  C&AG's Report, paras 15 -16

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