How INM plans to settle pensions row

Plan to wind up company's defined benefit schemes sparked protests last year

INM pensioners protesting at its EGM last year. Pic: RollingNews.ie

After a turbulent week which sawits share price plummet after a profit warning, there was some better news for Independent News & Media (INM) today.

The media group and the trustees of two of its defined benefit (DB) schemes this morning announced that they had reached agreement which will see the schemes wound up.

In response, the shares - which had lost 27 per cent in the previous two days - moved up ...