Members of the 178-year-old mutual insurer will decide whether to accept the controversial private equity bid
The fate of one of the UK’s oldest and largest mutual insurers will be decided on Friday as LV= members cast their ballots on a controversial takeover by US private equity firm Bain Capital.
The deal has played into a larger debate about the takeover of British companies by private equity and raised concerns among campaigners about the dwindling number of member-owned businesses in the UK.
