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Collapsed UK retailer BHS pension scheme secured by $1 billion insurance buyout

  • Thread starter Reuters: Business News
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Reuters: Business News

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Collapsed UK retailer BHS pension scheme secured by $1 billion insurance buyout, by

The pensions of 9,000 employees of collapsed British department store chain BHS were secured on Sunday after a specialist insurer announced an insurance buyout of the firm's 'BHS2' scheme covering 800 million pounds ($1 billion) of liabilities.



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