Northern Foods' Dalepak sale to help fund scheme deficit

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Northern Foods will contribute a "proportion" of the £6.4m sale of loss-making frozen food products manufacturer Dalepak to Irish Food Processors Group to help fund its £146.4m scheme deficit.

The firm - which supplies products including pizza brands Goodfellas and San Marco to five major supermarkets chains - saw the actuarial deficit on its defined benefit schemes worsen by £81.4m last...

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