LV=
FCA sheds light on LV= takeover
Members will need to vote on two resolutions for the deal to go ahead
LV= members to get extra £212m under Bain Capital deal
Insurer believes retaining mutual status means facing ‘higher execution risks’
LV= chairman slams ‘unfair and misleading’ Royal London proposal
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
LV= sale takes another plot twist
Reports that PE firm and rival mutual could split up the business after deal is finalised
LV= boss defends sale to US private equity firm
Refutes suggestion that it was not the ‘best financial outcome’ for members