The size of BT's defined benefit pension deficit helped save the telecoms giant from being acquired, according to chief financial officer Tony Chanmugam.
Speaking to Financial Director - published by PP's owner, Incisive Media - Chanmugam said the deficit was the "only good thing" going for the company when it became an acquisition target as it face...
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