Royal Liver takeover talks in "early stages" - Royal Lon

Royal Liver has been trying to find a buyer since last summer, following fruitless negotiations with local rival Liverpool Victoria. In August, the group's chief executive Steve Burnett quit unexpectedly after heavy losses in its financial advisory businesses, Park Row and Citadel. A spokesperson for Royal London confirmed the group was in talks with Royal Liver, though stressed there was "still a huge number of issues to discuss" before any deal could be struck. Today's reports of merger talks come amid a sweeping investigation into mutuals by the FSA, dubbed Project Chrysalis, wh...