Next steps: LV= receives 'substantively different' Royal London offer

clock • 4 min read
Next steps: LV= receives 'substantively different' Royal London offer

Royal London has offered to reopen negotiations with LV= on a mutual merger after members of the latter voted down a takeover from private equity firm last Friday (10 December). LV= said in a statement given to Professional Adviser that it had received an unsolicited preliminary merger proposal from Royal London. "The proposal, which is on a substantively different structure to the offer received during the process in 2020, now includes the possibility of continued mutuality and is cond...

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