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The Nortel Networks UK Pension Plan is set to receive more than £1bn in assets from its insolvent sponsor Nortel in the coming months, after US and Canadian courts agreed to open a $7bn (£5.4bn) escrow ‘lockbox’.

Angus Peters | May 9, 2017

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Nortel inches closer to PPF-plus as £5bn lockbox opened

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Nortel inches closer to PPF-plus as £5bn lockbox opened

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