News

2010

  • Press Coverage

    Goldman unit wins Paternoster auction

    31 December 2010

    A majority of shareholders has agreed to sell their stake to Rothesay, a UK-based Goldman unit, subject to regulatory approval and other conditions, Paternoster said in a statement late on Friday.

  • News

    Paternoster concludes sale process

    10 December 2010

    Paternoster today announced that, following a sale process, shareholders holding a majority of shares have entered into an agreement pursuant to which they intend to sell their shares to Rothesay, subject to regulatory approval and certain other terms and conditions.

  • Press Coverage

    Goldman eyes up Paternoster

    30 October 2010

    The bank is one of a number of potential bidders circling the pensions specialist, which is at the centre of a shareholders' dispute

  • Press Coverage

    BA strikes deal to offload pension risk

    30 July 2010

    British Airways has inked a deal with the insurance arm of Goldman Sachs to offload £1.3bn of pension risk in a bid to clear the final hurdle in its merger with Iberia.

  • News

    Rothesay Life announces £1.3bn pension buy-in deal with BA's Airways Pension Scheme

    2 July 2010

    Rothesay Life, one of the UK's leading life insurers specialising in providing de-risking solutions to the pension scheme market, today announces the insurance of £1.3bn of pension liabilities of the Airways Pension Scheme, one of the two defined benefit pension schemes sponsored by British Airways.

2009

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