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Coats' Epic EcoVerde multicolour stitching thread
Coats Group has seen its share price jump by around 15% after it announced it had reached an agreement with the trustees of its UK scheme to switch off pension deficit repair payments from 1 January 2024.
As part of the deal with trustees, the industrial thread manufacturer said it has agreed to pay the scheme a one-off lump sum payment of £10m to move it into an expected surplus position against th...
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