Hornbuckle Mitchell denies troubled takeover talks with LV=

clock

SIPP provider Hornbuckle Mitchell has denied it is in rocky negotiations with LV= about a possible takeover deal.

In August, Hornbuckle denied it has entered negotiations with LV= exclusively, maintaining it is looking for investment in the company and is talking to a number of potential partners. Sources claim LV= has come across a large potential liability within Hornbuckle which has scuppered the current takeover offer. According to the source, there is still the possibility of another takeover deal, but one in which LV= would pay far less for Hornbuckle, and pay out in stages over three to four years. This, the source said, would limit the damage to LV= if Hornbuckle's liability significan...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read