Private Equity

All you need to know about Bain’s offer for LV= as vote looms

LV= agreed to sell its savings & retirement and protection businesses to Bain Capital for 530m
LV= agreed to sell its savings & retirement and protection businesses to Bain Capital for 530m Photo: Alamy

All eyes are on private equity giant Bain Capital and its takeover target LV= this week.

Bain Capital’s £530m offer for the UK-based mutual insurance firm Liverpool Victoria Financial Services (LV=) is heading for a crucial vote that will decide the fate of the 178-year old firm.

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