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Keep up to dateBy Will Ing2018-09-18T11:28:00
Firm to reveal annual results on Thursday
Kier is selling its pensions arm as part of its ongoing drive to streamline the business with the firm expected to unveil futher streamlining measures at its annual results on Thursday.
Berkshire-based XPS Pensions Group, which floated on the Stock Exchange last February, is buying the assets of Kier Pensions Unit for up to £3.5m – although both the sale and the exact value are contingent on a certain percentage of the pension holders greenlighting the move.
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