The breakup of Four Seasons Health Care, a major care home operator in Britain, has accelerated with the sale of additional sites, providing debt holders with a significant dividend. Legal & General has agreed to a $6 billion buy-in of Boots Pension Scheme, while Boots, through its international unit, is transferring its $6 billion pension plan to Legal & General, potentially paving the way for a sale of the pharmacy chain.
Boots offloads £4.8bn pension pot paving way for sale revival https://t.co/oGx9PqVbUZ https://t.co/4TNfOgwVKh
Walgreens's international unit Boots is transferring its $6 billion pension plan to a financial services company, paving the way for a sale of the pharmacy chain https://t.co/iex0Cq1Qwv
Boots offloads £4.8bn pension scheme to Legal & General https://t.co/S30FjpOwj9
Legal & General agrees to about $6 bln buy-in of Boots Pension Scheme https://t.co/IA7xo382ff https://t.co/lvLnw4KqwO
The breakup of Four Seasons Health Care, one of Britain’s biggest care home operators, has accelerated with the sale of a fresh tranche of sites, handing debt holders the first significant dividend since it collapsed into administration https://t.co/eTfTEHr5LP