Deadline extended for AA takeover talks

deadline

The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.

The AA has been granted a deadline extension as it explained that takeover talks with a number of potential offerors have “continued to progress”.

The business announced on 4 August that it was in talks with several parties with the possibility of an offer being made in connection with a refinancing deal.

Platinum Equity Advisors and Warburg Pincus International are both looking at making a bid for the whole business, while Centerbridge Partners Europe and Towerbrook Capital Partners are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: