Royal London and LV= cease merger talks

Jenna Brown
clock • 2 min read

Royal London and LV= have halted merger talks saying the firms' different mutual models meant a tie-up would "not be in the best interests of members". On 10 December 2021, Royal London said it was its belief that it could "offer an attractive future for the members of LV= as part of a growing and well-capitalised mutual". However, discussions between the groups have ended with no agreement. Royal London group chief executive Barry O'Dwyer said: "Mutuals are owned by their customers and are run for their benefit. "Our offer to preserve LV='s mutuality through a merger with Royal Lo...

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