Royal London completes Royal Liver takeover
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Royal London has completed its takeover of Royal Liver.
The deal means the Royal Liver, the 161-year-old Liverpool-based insurer, will have its £3bn of assets swallowed up by its larger rival.
Royal Liver’s members approved the proposed takeover by Royal London in May this year.
Royal Liver’s 280 staff will also transfer to Royal London, which is now reviewing the future of the group.
Royal London first bid for Royal Liver in 2007.
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