New owners of high street giant Boots need to put £1bn into the pension scheme to secure its future, trustees claim.
An £11.1bn deal has been recommended by the Alliance Boots board. But trustees say the bid – put together by private equity firm Kohlberg Kravis Roberts and Boots’ major shareholder Stefano Pessi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
