Historic British breakdown firm the AA faces £5billion takeover by German insurance giant

THE AA is facing a £5billion takeover swoop from German insurance giant Allianz. The German firm is one of a small number of parties holding talks with advisers to the roadside recovery giant about a potential deal, according to Sky News. Allianz has a market value of more than €169billion, which is around £144.6billio

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

Historic British warship that inspired James Bond novels faces scrapyard as campaigners fight to save national treasure  GB News

German insurer Allianz weighs $6.77 billion takeover of AA roadside rescue giant, Sky News reports  Reuters

Allianz, the German insurance behemoth, is considering a £5bn takeover swoop for the AA, the breakdown recovery group which ranks among Britain’s biggest membership organisations.

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