PPF loses stake in Aquascutum

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The Pension Protection Fund is set to lose a 10% equity stake in Aquascutum after the high-end fashion retailer entered administration.

The Aquascutum Ltd. Life Assurance & Pension Plan entered the PPF assessment period in 2009 when the company was sold to Harold Tillman and Belinda Earl after a £24m loss the previous year. Aqua...

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