Section 75 liabilities threaten demerger activity, law firm warns

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DEMERGER activity could be constrained by pension scheme problems because splitting funds could leave firms liable to section 75 debt payments, a law firm warns.

Allen & Overy’s survey of senior management at 100 FTSE350 and Fortune 500 companies found that most expected high levels of demerger activity in the next year and 60pc of UK firms suggested it eli...

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