Hedge Funds That Shorted Carillion Now Circle Rival Kier

(Bloomberg) Some of the same hedge funds that took aim at Carillion Plc, the U.K. construction company that collapsed earlier this year, are now targeting one of its peers. Bearish wagers against Kier Group Plc surged to a four-year high, according to data compiled by IHS Markit Ltd., with rising short.

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