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Former agents of MG Rover Group are accepting a blithe payout added than a decade afterwards the car aggregation collapsed.
Liquidator PwC has recovered £51m from the company’s business interests in Germany which will be broadcast amid 5,600 apart creditors.
The latest accretion – agnate to 6.3p in the £1 owed – brings the bulk salvaged from MG Rover and handed to creditors to added than £130m.
In absolute 16.2p in the batter has been alternate to those with claims adjoin the aggregation back PwC was appointed as ambassador 13 years ago.
MG Rover burst in 2005 as it ran up hundreds of millions in losses because of years of falling sales, with its abortion costing 6,000 jobs mainly at the company’s Longbridge…
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