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MF Global U.K. Unsecured Creditors to Get 40 Percent Payment

Unsecured creditors of MF Global Holdings Ltd.’s U.K. unit may receive an interim payment of as much as 40 percent of their claims, the company’s administrators said. The payment had been estimated at 20 percent last month, KPMG LLP said in a statement. Former customers of the firm’s U.K. arm will get a distribution of about 60 percent after settling a dispute with the company’s U.S.-based units. More on Bloomberg here.

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