Uniq trustees take majority share holding after 18-month negotiation

Jenna Towler
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Uniq has finally reached agreement with trustees in its long-running deficit for equity negotiations, which will see the scheme take control of 90.2% of the firm's shares.

The chilled food manufacturer also agreed to make a one-off £14m additional cash payment to release it from the scheme's £436m deficit - which dwarfs the firm's market capitalisation of about £6m. ...

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