Fears Over Pension Fund Hold Up Peel Docks Takeover

Daily PostJune 03, 2005

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Summary


PEEL Holdings' bid for Mersey Docks and Harbour Company has been delayed by concerns about the Port of Liverpool operators' pounds 18m pension fund deficit.

However, sources close to the deal insisted that it would be completed by the end of this month.

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Extract


Fears Over Pension Fund Hold Up Peel Docks Takeover

The source said: 'The pension deficit is o...

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