LV= has announced it is in exclusive discussions regarding potential transaction involving Bain Capital
Earlier this week, we reported that Sky News had hinted that Royal London was on the verge of acquiring LV= to create a ‘mutual champion'. It also claimed that the discussions were not exclusive, with Bain Capital, the private equity back of esure, also keen on a deal. Today, however, LV= has confirmed that it is in exclusive discussion with Bain Capital, seemingly putting the Royal London rumours to bed. An LV= statement said: "As previously stated, LV='s board's focus is on maximising...
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