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British group backs new reforms driveBritain's Co-operative Group has voted unanimously to accept proposals for far-reaching reforms designed to avoid a repeat of the near-catastrophic mistakes of recent years and secure the mutual's future. Independent direc More… |
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UK group agrees $2.4bn restructuring dealBritain's Co-operative Group has detailed a rescue plan for its banking arm, under which it will hand control of the unit to investors including US hedge funds as part of a £1.5 billion ($2.4 billion) bail-in. In a schem More… |
