Unilever and Merrill Lynch settle out of court

UK - Merrill Lynch and the Unilever Superannuation Fund (USF) have reached an undisclosed out of court settlement in their high profile £130m (e210m) court battle over the management of some £1bn in Unilever pensions money during the 1990’s by Mercury Asset Management (MAM) – now owned by Merrill.

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