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Pension deficit endangers Duke Street bid for Uniq

UK buy-out firm Duke Street's putative £250m (€363.8m) public-to-private bid for Uniq, the chilled convenience food group, has hit further problems over a £102m pension fund deficit.

A source close to the deal said there had been extensive discussions between the company, private equity firm and trustees over the past week about how the pension scheme would be affected by a buy-out and de-listing.

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