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Merlin a "going concern" after RBS waives £654 000

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Loss adjusting group and claims management firm Merlin Claims Services has reported a £61.9m net loss for the 12 months ended 30 April 2009 (2008: £6.6m loss), after writing off £50.4m for the financial year.

The business — which is close to signing a refinancing deal with Royal Bank of Scotland, Bridgepoint and Babson Capital Europe as reported last week (www.postonline.co.uk/1590098) — has also reached

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