Round Up: Pensions Deal

Daily PostJune 20, 2007

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Summary


THE guardians of Alliance Boots' pension scheme struck a funding deal with the group's private equity buyers yesterday, breaking the deadlock that threatened the En.ibn sale of the healthcare giant.

Boots' new owners, Kohlberg Kravis Roberts and Boots deputy chairman Stefano Pessina, have agreed to pay pounds 4i8m in instalments over 10 years to plug the retail and pharmaceutical group's pension hole.

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Round Up: Pensions Deal

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