Allianz £500 million acquisition of 49% stake in LV =

4/8/2017
Joint venture, Private acquisition

£ 500 million

$ 653 million

Announced

4/8/2017


Overview:

  • Allianz has acquired a 49% stake in LV = for £500 million.
  • LV= is an insurance company whose official name is Liverpool Victoria. 
  • Both companies will establish as a joint venture, which will becomes the UK's third largest insurance firm with more than six million customers.
  • In 2019 Allianz will acquire another 20.9% stake for £213 million. 
  • The joint venture will be run by Steve Treloar who will report to a Board of Directors drawn from LV= and Allianz.
  • LV = was advised by Fenchurch Advisory Partners

Katrin Kostadinova - Data analyst

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