Breakdown recovery group’s private equity owners reportedly in talks with various suitors to sell company
Germany-based financial services company Allianz is considering a £5bn takeover swoop for AA, the breakdown recovery group, Sky News has reported.
Allianz is 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...
TH
Source
This article was originally published by The Guardian and written by Reuters.
Read original article on The Guardian