Wednesday, June 13, 2007

UK's Boots pension deal seen "in days"-sources

(Reuters) - LONDON, June 13 - A deal between the buyers of health and beauty group Alliance Boots and the Boots pension scheme is expected to be completed within days, people familiar with the matter said on Wednesday.



Private equity firm Kohlberg Kravis Roberts & Co. [KKR.UL], whose 11.1 billion pound offer was approved last month, has offered the scheme about 340 million pounds over 10 years plus a 600 million pounds safety package, one source said, and discussions are now focusing on technical aspects.


Read more at Reuters.com Mergers News

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