Early retirement TUPE ruling will complicate M&As - Mercer

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A recent ruling classing early retirement benefits as the responsibility of the acquiring company in an asset deal will add "cost and uncertainty" to mergers and acquisitions, Mercer says.

Last month a high court judge ruled in the case Proctor & Gamble vs Svenska Cellulosa Aktiebolaget that the transferee in an acquisition - the company acquiring a business - is responsible for earl...

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