Interserve schemes saved after sponsor pre-pack

James Phillips
clock • 2 min read

Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.

Shareholders last week rejected a rescue plan which would have seen around half of the beleaguered contractor's debt cancelled with additional funds lent in return for a majority stake in the busin...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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