PPF helps prevent pre-pack administration sale of Pulse Flexible Packaging

Michael Klimes
clock • 1 min read

The Pension Protection Fund (PPF) has helped block the sale of a packaging firm after a potential buyer initiated plans to drop its pension scheme obligations.

According to Sky News, trustees of the scheme at Pulse Flexible Packaging stopped an unnamed buyer from taking over the company at the beginning of April. Administrators KPMG had to be called in...

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