BT's pension fund lost £300 million on Thames Water, FT reports

BT

Wed 05:16

June 24 (Reuters) - BT Group's BT.L pension scheme lost about £300 million ($395.94 million) on its investment in Thames Water after writing off its 8.7% stake in the utility, the Financial Times reported on Wednesday.

($1 = 0.7577 pounds)

 (Reporting by Bipasha Dey in Bengaluru; Editing by Janane Venkatraman)
 ((Bipasha.Dey@thomsonreuters.com;))