Akzo Nobel N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
26 mar 2014 - 08:00
Statutory name
Akzo Nobel N.V.
Title
ICI Pension Fund Trustee agrees GBP 3.6 bn annuity buy-in
Comments
March 26, 2014
AkzoNobel announces today that the Trustee of the ICI Pension Fund in the UK has entered into two annuity buy-in agreements in line with their on-going strategy of de-risking which is supported by AkzoNobel.
The two agreements are with Legal & General plc and Prudential Retirement Income Limited and cover, in aggregate, £3.6 billion (€4.3 billion) of pensioner liabilities, which is broadly equivalent to one quarter of the Company's pension liabilities and one third of the ICI Pension Fund liabilities.
Date last update: 04 April 2026