Scandal-hit UK tycoon pays £363m to settle BHS deficit

British billionaire Philip Green paid £363 million ($452.5 million, 426 million euros) towards settling a deficit in the pension scheme of collapsed retailer BHS on Tuesday following a high-profile dispute.After 15 year at its helm, Green sold BHS for £1 in 2015 to Dominic Chappell, a former bankrupt businessman with no retail experience.Green said the cash settlement was a "significantly better outcome" than the schemes entering the Pension Protection Fund (PPF), despi