acquisition

BT Pension Scheme Management (BTPSM) has acquired a majority stake in software firm Procentia for an undisclosed amount.

The Universities Superannuation Scheme (USS) has made an offer to acquire 100% of Hull-based IT and communications solutions provider KCOM Group.

Marsh & McLennan Companies (MMC), the parent company of Mercer, has completed the acquisition of JLT today for $5.6bn (£4.3bn).

Financial services provider STM Group will expand into the auto-enrolment (AE) market after acquiring Carey businesses for £400,000.

The newspaper publisher is offering a one-off upfront £41.2m cash payment and £29.2m deficit recovery plan for the Northern & Shell defined benefit (DB) schemes as part of its planned acquisition.

Aon has acquired Portus Consulting as part of wider plans to grow its UK employee benefits business both organically and through acquisition.

The CovPress pension scheme has come out of the Pension Protection Fund (PPF) after the automotive supplier was acquired by Liberty House in the first rescue of its kind.