AFM CEO comments on the deal offered to LV= members from its sale to Bain Capital

AFM CEO comments on the deal offered to LV= members from its sale to Bain Capital

AFM CEO comments on the deal offered to LV= members from its sale to Bain Capital

4 November, 2021

If members feel aggrieved that the sale to Bain Capital for £530 million means that only £111 million will be paid to members in 2022 in return for their vote, with a 0.1% top up to with-profits policies for each year it was held, then that’s something they may have to get used to. Read more