Sainsbury's trustees have 'no power' to force private equity stalkers to inject cash

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THE TRUSTEES of J Sainsbury Pension Schemes have no power to force a private equity bidder to put more cash into the fund, a consultant claims.

In a research note for RBC Capital Markets, Independent consultant John Ralfe accused the trustees of the supermarket giant’s two pension plans of “noisy sabre-rattling” following last week’s warni...

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