Members of the former Liverpool Victoria vote this week on a deal that may be the last gasp of a more equitable era
After 178 years of history, mutual insurer LV= faces a crunch moment this week, when its members decide whether to sell to US private equity firm Bain Capital.
In a deal worth £530m that was first mooted a year ago, the battle for control of the firm once known as Liverpool Victoria will come to a head on Friday when its 1.1 million members cast their votes in a poll that could lead to the demutualisation of one of Britain’s oldest and largest customer-owned businesses.