Trinity Mirror offers £41.2m cash for Northern & Shell pensions in planned M&A

Victoria Tichá
clock • 2 min read

The newspaper publisher is offering a one-off upfront £41.2m cash payment and £29.2m deficit recovery plan for the Northern & Shell defined benefit (DB) schemes as part of its planned acquisition.

Following its recent offer to acquire Northern & Shell for £126.7m, Trinity Mirror said on 9 February in an announcement on the stock exchange that the pension deal would imply an enterprise value ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pension communications fail to cut through, says survey

Pension communications fail to cut through, says survey

Almost half of those polled cannot recall a pension communication in the past year

Alex Levy
clock 31 July 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

UK scale-up fund, Schroders repositions UK institutional team and WTW longevity swap solution

Professional Pensions
clock 31 July 2026 • 1 min read
HMRC reports jump in cost of pension tax relief

HMRC reports jump in cost of pension tax relief

Data shows pensioners are also paying more tax in retirement

Alex Levy
clock 30 July 2026 • 2 min read
Trustpilot