Haymills: Bosses have seven days to save firm

Haymills' bosses have got seven days to save the company from administration as directors desperately hunt for a buyer.

Contract Journal understands that French giant Bouygues was lined-up to buy the firm but its interest has cooled since the news of Haymill's financial plight hit the headlines.

Bouygues is still in talks over a possible takeover and Haymills is hoping to attract other suitors.

A Haymills source said: "We were hoping to complete a deal with Bouygues next week but the situation has changed.

"We are still talking to them and the cut-off point for other parties to express an interest will be Monday. We have got about a week to save the company but things are looking a bit brighter today than earlier in the week."