Inside Tenet Group's break up and demise

They also confirmed that major shareholders Aviva, Abrdn and Aegon earlier this year declined to pump additional funding into the business as it grappled with DB pension transfer-related regulatory challenges, ultimately leading to its June plunge into administration. Tenet Group's ordinary preferential creditors and secondary preferential creditors are likely to see dividends paid in full, according to the update from administrator Interpath. Unsecured creditors "should" receive a dividend though the amount is yet to be determined, it was stated in the document. Around £5.5 million c...