We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Pension pills

16 June 2004 By Edward Hadas

Pension liabilities could kill off the bid for WH Smith. And that’s not a oneoff. Pensions may become more of a feature of bids in future. Fund trustees are becoming more vigorous, and their interests clash with bidders that want to gear companies up to maximise equity returns.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)