Royal London
Private equity takeover of LV= collapses
As rival insurer offers to enter into ‘immediate and exclusive discussions’
Best Practice | 6 Dec 21
How much does gender influence insurance cover?
Financial advisers ‘100% the way forward’ in overcoming misconceptions
LV= chairman slams ‘unfair and misleading’ Royal London proposal
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
LV= sale takes another plot twist
Reports that PE firm and rival mutual could split up the business after deal is finalised
Royal London to resurrect bid if LV= sale collapses?
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status