Next steps: LV= receives 'substantively different' Royal London offer

'No certainty a transaction will be agreed'

clock • 4 min read
One reason the takeover has been the most public takeovers of recent time was the speculation built up by Royal London and its reported attempts at a last-minute intervention into the Bain Capital takeover.
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One reason the takeover has been the most public takeovers of recent time was the speculation built up by Royal London and its reported attempts at a last-minute intervention into the Bain Capital takeover.

Royal London has offered to reopen negotiations with LV= on a mutual merger after members of the latter voted down a takeover from private equity firm last Friday (10 December).

LV= said in a statement given to Professional Adviser that it had received an unsolicited preliminary merger proposal from Royal London. "The proposal, which is on a substantively different structure...

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