March 21, 2018 / 9:35 PM / a month ago

BRIEF-Melrose Reaches Agreement With GKN Pension Scheme Trustees

March 21 (Reuters) - Melrose Industries Plc

* REACHES AGREEMENT WITH GKN PENSION SCHEME TRUSTEES

* AGREEMENT WITH GKN PENSION SCHEME TRUSTEES INCLUDE CASH CONTRIBUTIONS OF UP TO 1 BILLION STG TO FUND GKN SCHEMES

* PAYMENTS TO THE SCHEMES WILL BE SECURED BY A MELROSE GUARANTEE

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