Royal London confirms takeover talks with LV= as chair Cook to step down

Tom Ellis
clock • 3 min read
Royal London confirms takeover talks with LV= as chair Cook to step down

Royal London has confirmed it is in "exploratory" talks with rival mutual LV= about a takeover are submitting a second proposal at the end of 2021. After members voted down the private equity takeover bid from Bain Capital on 10 December 2021, LV= said in a statement given to International investment's sister title 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 ...

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