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Royal London and LV= cancel merger talks

Royal London and LV=, two large mutual providers, have abandoned merger talks, both firms confirmed today.


Royal London in takeover talks with LV=

Royal London confirmed this morning that it was in “exploratory” takeover talks with rival mutual LV=.


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. 

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