06.04.2009 - UK's BT to inject property into pension fund

From Reuters: BT Group is considering injecting its remaining property assets, including BT Tower and its headquarters close to St Paul's Cathedral in London, into its pension fund as it tackles its deficit, the Sunday Times reported. The newspaper said the company is looking to use the assets, which analysts value at about 300 million pounds ($439.9 million), to help bridge a deficit expected to be in excess of 5 billion pounds after its latest valuation.....Full Article: Source

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