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Kodak sells film and kiosk businesses to UK pension scheme

01 May

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Kodak hopes to sell its consumer film and processing kiosk businesses to its UK pension scheme, to allow it to emerge from Chapter 11 bankruptcy. The move pays off the company’s biggest debt – an estimated $ 2.8bn it was expected to have to pay to the pension scheme over the coming years. The pension scheme is reported to be paying $ 650 for the Personalized Imaging and Document Imaging units the company announced it would sell last August.

News: Digital Photography Review (dpreview.com)

 
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