Allianz is reportedly in talks to acquire AA, the British roadside assistance specialist, for a sum close to five billion pounds sterling. The group's private equity owners are said to have entered into negotiations with several potential buyers.
German insurer Allianz is reportedly considering a takeover bid for AA, the British roadside assistance group, for an estimated five billion pounds. The company is among a select group of parties that have entered into discussions with AA's advisors regarding a potential transaction.
The private equity fund EQT is also reportedly in the running. AA's current owners, also from the private equity sector, are said to be looking to sell the group and have approached several potential buyers.
Community
Comments
Write a comment
Be the first to comment on this article.