Deal cleared way for court to OK ESL Investment’s $5.2 billion takeover of the retailer.
Pensions lifeboat will provide benefits for 90,000 workers and retirees.
Pensions lifeboat says it’s prepared to provide for 90,000 retirees and workers.
A litigation investigator has been appointed to review C$3 billion in shareholder payouts.
Ontario Superintendent of Financial Services appoints Morneau Shepell to oversee pension.
Beginning August 1, 51,000 participants will receive benefit payments from MetLife.