Professionals from across personal finance sectors have deemed the potential Royal London and LV= merger to be a “powerful opportunity,” but one that is “bound to be complicated”.
This weekend rumours began to circulate that Royal London was pursuing a takeover of LV= in a deal that would create a "mutual champion" with nearly 10 million customers across the UK. In a market update on Monday morning (28 September) LV= responded to the rumours: "The Board of Liverpool Victoria Financial Services Limited ("LV=") notes the recent press speculation and confirms that as part of a previously announced Strategic Review it has been and remains in discussions with a number of parties regarding a potential transaction. "Discussions are on-going and there can be no certai...
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