US - The Pension Benefit Guaranty Corp. has sold $594m of shares in Delphi back to the company but the impact of the deal on Delphi's pension benefits remains uncertain, the PBGC said.
The PBGC took shares in the company in 2009 when it when it emerged from bankruptcy and was bought by a group of private equity investors. At the time, the Delphi's pension funds had a $7bn funding...
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