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 Pes...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date