Bain Capital moves to reassure LV= customers as Royal London reignites interest

Proposal 'maintains an independent LV='

clock • 3 min read
 Bain Capital moves to reassure LV= customers as Royal London reignites interest
Image:

Bain Capital moves to reassure LV= customers as Royal London reignites interest

The private equity firm that has had its bid accepted to buy LV= has moved to reassure the mutual's customers ahead of a vote on the £530m deal set to take place next month.

Bain Capital, the US private equity firm, said it was committed to the long-term growth and success of LV= and will invest significantly in the business. Over the weekend reports emerged of Royal London...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

CEO of Redwheel Tord Stallvik

RWC Partners rebrands to Redwheel amid identity revamp

Will retain full team and product range

Georgie Lee
clock 20 January 2022 • 1 min read
Andrew Bailey questioned before Treasury Committee

Energy prices and labour supply threaten financial stability says Bank of England governor

Treasury Committee meeting addresses inflation

Georgie Lee
clock 19 January 2022 • 2 min read
Bullish outlook in January

Fund managers bank on global reopening in bullish outlook beyond Covid

71% anticipate 'boom'

clock 18 January 2022 • 3 min read
Trustpilot