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LV= members reject Bain takeover
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Bain Capital’s planned takeover of LV= has been rejected by the mutual insurer’s members this afternoon.
Just over 69% of members voted in favour of the private equity giant's £530m acquisition, falling below the 75% threshold required for it to go ahead.
LV= chairman Alan Cook has said that he will stand down “as soon as a way forward is...
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