Rank to sell pension scheme to Goldman - paper

Thu Jan 24, 2008 6:55am GMT
 
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LONDON, Jan 24 (Reuters) - British casino and bingo company Rank Group Plc (RNK.L) is in exclusive talks to sell its 700-million-pound ($1.4 billion)pension scheme to Goldman Sachs (GS.N), the Daily Telegraph said on Thursday.

The newspaper said the deal would be the biggest sale of a publicly-quoted company's pension scheme and is expected to be announced in the next few weeks.

Neither Rank nor Goldman could be immediately reached for comment. (Reporting by Mark Potter; Editing by David Holmes)

 

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