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

Who gets the dog? Helping divorcing clients navigate pet custody

Who gets the dog? Helping divorcing clients navigate pet custody

Pet nuptial agreements explained

Victoria Emens and Vanessa Gardiner
clock 28 October 2025 • 5 min read
Advisers seeing clients cut pension contributions to mitigate IHT change

Advisers seeing clients cut pension contributions to mitigate IHT change

75% of advisers expect to adjust IHT strategies for nearly a third of their clients

Sahar Nazir
clock 28 October 2025 • 1 min read
FCA to regulate ESG ratings providers

FCA to regulate ESG ratings providers

Welcomes government's legislation to bring ESG ratings providers into its remit

Sahar Nazir
clock 28 October 2025 • 1 min read