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Royal London offers exclusive merger talks to LV=

Royal London confirmed today it was offering exclusive talks with fellow mutual LV= about a possible merger after a £530m bid by US private equity firm Bain Capital for LV= collapsed last week.


LV= chair to quit after private equity deal rejected

LV= chairman Alan Cook is to step down after a £530m recommended deal by a US private equity firm to take over the mutual failed to win enough support from LV= members. 


Business as usual 'not an option' says LV=

Business as usual is not an option for LV= as the provider says it needs £100m investment.


LV= chair attacks Royal London intervention

The chairman of LV= has criticised Royal London for the timing of its intervention in the mutual provider’s sale to Bain Capital.

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