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AA could face £5bn takeover move by German insurer Allianz, reports claim

Breakdown recovery group’s private equity owners reportedly in talks with various suitors to sell company The German-based financial services company ⁠Allianz is considering a £5bn takeover swoop for AA, ⁠the breakdown ⁠recovery group, Sky News has reported. Allianz was ‌one of a small number of parties holding talks with advisers to the AA about a deal, Sky News said, adding that ‌the private equity outfit EQT was another bidder. Continue reading...

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The GuardianLean L·1h ago
AA could face £5bn takeover move by German insurer Allianz, reports claim
Breakdown recovery group’s private equity owners reportedly in talks with various suitors to sell company The German-based financial services company ⁠Allianz is considering a £5bn takeover swoop for AA, ⁠the breakdown ⁠recovery group, Sky News has reported. Allianz was ‌one of a small number of parties holding talks with advisers to the AA about a deal, Sky News said, adding that ‌the private equity outfit EQT was another bidder. Continue reading...
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AA could face £5bn takeover move by German insurer Allianz, reports claim

How 1 sources are covering this

AA could face £5bn takeover move by German insurer Allianz, reports claim

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