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Mutuals' deferred shares could have saved LV= from demutualising
With the British life insurer planning to demutualise with the £530m sale of its business, Cintia Cheong talks to AFM chief Martin Shaw about the prospects for the mutual sector in the UK
LV= holds exclusive takeover talks with Bain Capital
A deal is said to be valued at more than £500m
LV= confirms takeover talks with several parties
Detailed negotiations are said to be happening with Royal London
Esure accepts £1.2bn takeover deal
Sale won't have material changes in headcount, locations and operations, firm says
Esure in advanced talks over £1.2bn potential sale
Insurer recommends accepting unsolicited proposal