TPR and PPF approve amended Arcadia CVA as rescue vote hangs on 'knife edge'

Kim Kaveh
clock • 2 min read

The Pensions Regulator (TPR) and The Pension Protection Fund (PPF) have approved amendments to Arcadia Group's company voluntary agreements (CVAs) ahead of a crucial creditors' meeting.

Arcadia last week postponed votes on seven CVA proposals in order to "conduct further dialogue with a few landlords", meaning the meetings were suddenly adjourned from 5 June until midday today (12...

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