The Universities Superannuation Scheme (USS) has made an offer to acquire 100% of Hull-based IT and communications solutions provider KCOM Group.
Humber Bidco, a wholly-owned indirect subsidiary of USS, and KCOM reached an agreement on the terms of a recommended cash acquisition price of 97 pence per share, the scheme confirmed on 24 April. The...
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Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
This week’s top stories included KPMG selling its UK pensions practice to private equity-backed firm NewCo.
KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.