Brief: PwC Says McColl's Completes Sale To Alliance Property Holdings, Part Of Morrisons

MccollS Retail

09/05/2022 17:05

May 9 (Reuters) - PriceWaterhouseCoopers LLP:
    * PWC: MCCOLL'S RETAIL GROUP AND SUBSIDIARIES IN
ADMINISTRATION
COMPLETES SALE TO ALLIANCE PROPERTY HOLDINGS, PART OF MORRISONS
GROUP
    * PWC: ALL 16,000 STAFF OF MCCOLL'S TRANSFERRED, ALONGSIDE
MORE
THAN 1,100 NATIONWIDE OUTLETS
    * PWC-  BOTH DEFINED BENEFIT PENSION SCHEMES OF MCCOLL'S
INCLUDED
IN TRANSACTION, PRESERVING PENSIONS FOR OVER 2,000 MEMBERS

Further company coverage:  MCLSM.L 

 ((Reuters.Briefs@thomsonreuters.com;))