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    I could explain the regulations for dealing with the pension deficit but will refrain from doing so here.

    Of course there will be issues unanswered but is most important is the bigger picture. The ownership structure, that is now crystal clear, the financial structure is also clear as is the basis of valuation. Of course Keith a lot of existing management will remain and some will have to go. Seems clear to me.
    As I said it is the big picture that is crucial not the minutae that can be worked on later.

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