First, that the government should take responsibility for the historic pensions deficit. (totalpolitics.com)
Unfortunately, there's a whopping great EUR 0.7 bio pension deficit to factor in also. (wexboy.wordpress.com)
And while we're mentioning debt, it's worth highlighting: i) fortunately, Donegal has no legacy pension deficit issues, and ii) all other / remaining balance sheet assets / liabilities (i.e. those not carved out above) are assumed to be part & parcel of any valuation / sale of the operating businesses. (wexboy.wordpress.com)