The Pharmaceutical Journal
Vol 278 No 7457 p727
23 June 2007

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Alliance Boots opposition waning

Pension objections to the sale of Alliance Boots to private equity investors Kohlberg Kravis Roberts and Stefano Pessina have been removed. The trustee’s demand for pension assurances has been satisfied with a promise of £418m over 10 years with further provision of £600m as a safety net.