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My way or the Highway

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Long touted as an acquisition target, Highway has agreed to a takeover by LV. Jonathan Swift looks at the implications of the proposed deal, and why it may succeed where past attempts have failed

LV has stepped up its plans to be a top-five UK motor insurer with a £150m move for perennial takeover target Highway.

The deal was announced on 28 August, a day after Highway was forced to issue a

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