Royal London and LV= cease merger talks
Royal London and LV= have halted merger talks saying the firms' different mutual models meant a tie-up would not be in the best interests of members.
Source: investmentweek.co.uk
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LV boss Mark Hartigan told to quit and say sorry as merger talks end
LV boss Mark Hartigan (pictured) spent much of last year telling LV's 1.2m members that a sale to Bain Capital was the only way it could survive.
Source: thisismoney.co.uk
Mutual insurers LV= and Royal London end merger talks
It is the latest in a tumultuous few months for LV=, after a private equity takeover was rejected.
Source: bbc.co.uk
Merger talks between LV= and Royal London collapse
Deal to buy mutual insurer was second attempt after US private equity firm’s takeover was blocked
Source: theguardian.com
ALEX BRUMMER: LV's staggering U-turn over Royal London merger
The reasoning behind the decision of LV to pull out of a second round of merger talks with fellow mutual Royal London is unfathomable.
Source: thisismoney.co.uk