LV= chairman slams ‘unfair and misleading’ Royal London proposal
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
Reports that PE firm and rival mutual could split up the business after deal is finalised
Refutes suggestion that it was not the ‘best financial outcome’ for members
MP alleges that rival bid could have saved insurer from demutualisation
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status
After facing questions from parliament on private equity takeover
Clients ‘are entitled to know’ if he ‘benefited from the sale to Bain Capital’
Board has not been ‘open and transparent with members about its intentions for the company’
Parliamentary group believes deal may not be the best option for members and policyholders
Providers impose waiting periods amid uncertainty on longer-term health issues
It will help the savings, retirement and protection group expand product range for clients and IFAs
As Liverpool Victoria confirms it has entered exclusive talks with a US investment firm