Hopes rise for MLIM/Unliver settlement

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UK - Hopes for an 11th hour out-of-court settlement in Unilever Pension Scheme's £130m negligence claim against Merrill Lynch Investment Managers (MLIM) have risen.

Sources claim both sides are anxious to reach an agreement before the High Court hearing starts on Monday. However, IPN understands that Unilever will not accept anything less than £50m settlement....

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