Pressure On Pessina Over Boots Move

Daily MailMarch 15, 2007

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Summary


SHAREHOLDERS have demanded to know why Alliance Boots deputy chairman Stefano Pessina wants to take the company private just months after engineering the merger of his Alliance Unichem business with the High Street chemist.

Their concerns about the Italian's motives come as institutions roundly applauded chairman Nigel Rudd's rejection of the Pounds 10bn deal, which is being bankrolled by American private equity firm KKR.

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Extract


Pressure On Pessina Over Boots Move

'Pessina owes a duty to all sha...

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