
<p>The UK Kodak Pension Plan (KPP) has completed its acquisition of Eastman Kodak Company's (EKC) Kodak Personalized Imaging and Document Imaging businesses and created a new company.</p><p>The Pensions Regulator (TPR), which provided clearance in April for the acquisition of the two companies and establishment of a new pension plan, welcomed the move and said it was an "important step" for all the parties involved.</p><p>The new company, Kodak Alaris, will focus on strategic, ongoing investments to ensure long-term growth and success, and its ongoing income will fund members' benefits.</p><p>The acquisition was part of a deal save EKC from insolvency and to fund KPP's deficit.</p><p><a href="http://www.pensionfundsonline.co.uk/(X(1)S(rugh4131lzhi541tvyv0mqzd))/dir/virtualpages.aspx?cat=pension-funds-insider&sub=legal&title=uk-kodak-scheme-completes-acquisition&id=1158&AspxAutoDetectCookieSupport=1">Keep reading...</a></p>