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Page 8 - லிவர்பூல் விக்டோரியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LV= seeks rule change to ease historic takeover

LV= seeks rule change to ease historic takeover
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

LV= faces revolt from members over its sale to private equity

LV= faces revolt from members over its sale to private equity
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

Opaque sale of LV= demands scrutiny

Opaque sale of LV= demands scrutiny
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

Insurer LV= seals £530m sale to private equity giant Bain

Insurer LV= seals £530m sale to private equity giant Bain PA 15 December 2020, 12:09 pm Life insurance giant LV= has said it has agreed to be sold to private equity firm Bain Capital for £530 million. LV=, which was previously called Liverpool Victoria, had been in exclusive talks with the investor over a potential deal for the past two months. On Tuesday, the insurer said it had agreed the deal, which it expects to complete by the end of 2021. The sale is set to lead a cash payout for LV=’s 1.3 million members, many of whom will also be eligible for higher bonuses when their current policies mature.

1 3m LV= members in line for cash payout

Around 1.3million members of life insurance and pension group LV= are in line for a cash payout after the company agreed to be snapped up by an American private equity firm. Ditching its status as a mutual, LV= will be acquired by Bain Capital for £530million, in a deal once again signalling the private equity sector s growing interest in Britain s life insurance market.  Mark Hartigan, chief executive of LV=, said all of its members would receive a modest payment to compensate for the loss of ownership triggered by the deal.   Payout time: 1.3m LV= members will receive a cash payout amid the group s £530m acquisition by a US private equity company 

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