Pension Fund Deficit Puts Question Mark Over Wh Smith Takeover Bid

The JournalJune 14, 2004

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Summary


A pounds 940m takeover bid for retailer WH Smith could break down due to a row over its pension fund deficit, it was reported yesterday.

Private equity firm Permira ( which emerged as a bidder earlier this year ( is thought to be in talks with pension fund trustees over the pounds 215m shortfall.

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Pension Fund Deficit Puts Question Mark Over Wh Smith Takeover Bid

According to Sunday newspapers, the issue has the potential to ...

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