End to Nortel feud in sight as agreement reached on pension payouts

An agreement has been reached on how to compensate members of the Nortel pension scheme after years of negotiations since the company went bust in 2009.
Around $7.3bn (£5.7bn) of the collapsed telecom company's assets are now expected to be distributed between all of the firm's creditors, including around 33,000 UK scheme members. The agreement will...
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