Boohoo acquisition of Debenhams leaves schemes with PPF

James Phillips
clock • 1 min read

The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.

In an announcement today (25 January), Boohoo said the transaction was a "fantastic opportunity" to grow its market, with chief executive John Lyttle noting it was an "important development". Ho...

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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

Aon predicts further rise in UK BPA market for 2025

Aon predicts further rise in UK BPA market for 2025

Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn

Jasmine Urquhart
clock 28 January 2025 • 2 min read
Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Barnett Waddingham End Gauge Index measures aggregate surplus at £63bn

Jasmine Urquhart
clock 22 January 2025 • 1 min read
Average DB transfer complainant to receive no compensation

Average DB transfer complainant to receive no compensation

Broadstone’s DB Redress Tracker shows typical redress compensation continues to fall

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Trustpilot