Toys R Us restructuring 'could fail unless it pays '£9m pension bill'

Stephanie Baxter
clock • 4 min read

Toys R Us may have to pay around £9m into its defined benefit (DB) scheme so its restructuring deal can be agreed by the Pension Protection Fund (PPF), according to reports.

A vote will be held this Thursday 21 December on the proposed company voluntary agreement (CVA), a process which allows companies to restructure their finances, and requires the approval of a 75% m...

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