TPR agrees £25m settlement with owners of Silentnight

Jonathan Stapleton
clock • 2 min read

The Pensions Regulator (TPR) has agreed a settlement in its anti-avoidance case against the current owners of the bed manufacturer Silentnight.

TPR alleged that HIG Group, a US private equity group, deliberately brought about the unnecessary insolvency of the original Silentnight Group in order to buy its business out of administration, wh...

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