Uniq is still in "detailed" discussion with The Pensions Regulator and the Pension Protection Fund over handing 90% of its equity to its scheme trustees, it has confirmed.
The chilled foods manufacturer today issued its fourth quarter trading update statement in which it said discussions were ongoing over the 90% debt for equity swap agreement to tackle its £436m leg...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
