Today news
About the same in other media
Tory treasurer could net millions from controversial LV= takeover
Reading now: 759
The Conservative party’s new treasurer could make millions of pounds from the controversial takeover of the pensions and insurance mutual LV= by an American private equity firm.
The proposed buyout has enraged some Conservative MPs – and could put them at odds with Malik Karim, an investment banker, who was named Tory treasurer in September, responsible for building the party’s election war chest.
Conservatives see the takeover as another sale of a cherished British mutual institution, and it has drawn the wrath of former Conservative deputy prime minister Michael Heseltine.
Karim is the founder and chief executive of City investment bank Fenchurch Advisory Partners, LV=’s longstanding financial adviser. Fenchurch is believed to have made
Read more on theguardian.comAbout this in other media
RippleX exec says ODL is ‘killer value proposition to Ripple Net’ ambcrypto.com /3 years ago
Boiling of live lobsters could be banned in UK under proposed legislation theguardian.com /3 years ago
Ark’s Cathie Wood says Tesla could make up 25% of the auto market in five years fnlondon.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Top 5 Liquidity Staking Programs You Should Keep An Eye Out For [Updated February 2022]](https://finance-news.co/storage/thumbs_400/img/2022/2/17/14325_nty.jpg)
