Brintons scheme enters PPF assessment after pre-pack insolvency

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The Brintons Limited Staff Pension and Life Assurance Plan has entered Pension Protection Fund assessment after private equity firm Carlyle triggered its sponsor's insolvency then bought the business.

Carlyle placed Brintons into administration on 2 September - a week after acquiring its senior debt - and bought its business and assets through a newly-created vehicle Brintons Carpets on the same...

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