Co-op prepares to offload £2bn pension liabilities

// Co-op Group close to striking deals to offload around £2bn of its pension liabilities
// It is close to deals with Aviva & PIC to take on about a quarter of its £8bn PACE pension schemeThe Co-op Group is reportedly close to deals with Aviva and PIC to take on about a quarter of its £8 billion PACE pension scheme.
The group has said it is close to striking deals to offload around £2 billion of its pension liabilities to insurance companies, Sky News reported.
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