Boots inks £4.8 billion pension deal with Legal & General
The transaction is the UK’s largest of its kind, the companies said.
Source: lbc.co.uk
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The transaction is the UK’s largest of its kind, the companies said.
Legal & General (L&G) has agreed to a full buy-in of the Boots Pension Scheme, marking the UK's largest ever transaction of its kind by premium size.
The legacy pension fund was viewed as a potential blocker to a deal
Boots secures a £4.8 billion full buy-in with Legal & General for the Boots Pension Scheme delivering greater certainty for all members 24...
Legal & General agrees £4.8 billion full buy-in for Boots Pension Scheme