Telecoms group acquisition worth £504m links Liverpool and Hull

Recommended cash offer could complete by summer
A Liverpool-based pension scheme is behind a £504m takeover deal involving Hull-based internet provider KCOM. Humber Bidco Limited has agreed a deal to acquire KCOM in a recommended cash offer. Humber Bidco is a wholly-owned indirect subsidiary of USSL. USSL, or the Universities Superannuation Scheme Limited, is based in Liverpool's Royal Liver Building, and is a pension scheme with £64bn of assets under management as at March 31, 2018. Its members include academic and academic-related staff in many UK universities, main... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...