Coalfield Resources has reached an agreement with the Pension Protection Fund (PPF) to acquire the lifeboat fund's 75.1% share in Harworth Estates Property.
The company, which already owns the other 24.9% of the firm, announced today it has entered into non-binding heads of terms with the lifeboat fund to buy the share for £150m. The PPF will receiv...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
