France - Aventis, the Franco-German pharmaceutical company, has decided to infuse an additional e1.5bn to its pension fund in Germany.
Aventis had an unfunded pension liability in the balance sheet of approximately e3.5 bn, of which e2.18 bn was in Germany as on December 31, 2002. “Following this contribution, Aventis pension o...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders