AA Plc is considering £218 million takeover bid from TowerBrook and Warburg Pincus. | UK |

Name: AA Plc is considering £218 million takeover bid from TowerBrook and Warburg Pincus. | UK |
Uploaded: Nov 24, 2020 AEDT
Duration: 1 min 54 s
Description: AA Plc has received a non-binding takeover proposal from TowerBrook Capital Partners (U.K.) LLP and Warburg Pincus International LLC. The ailing motoring group has indicated that it would be taken back into private equity ownership by accepting the &...

November 24, 2020 12:59 PM GMT
Team Kalkine

Facebook

Twitter

AA Plc has received a non-binding takeover proposal from TowerBrook Capital Partners (U.K.) LLP and Warburg Pincus International LLC. The ailing motoring group has indicated that it would be taken back into private equity ownership by accepting the £218 million takeover proposal.

JD Sports in exclusive talks to acquire Debenhams JD Sports is reportedly in exclusive talks with British department store chain Debenhams over a rescue takeover deal. The company is said to have entered a discussion with Lazard, Debenhams’ adviser, and administrators at insolvency firm FRP Advisory.

* Aviva to sell entire stake in Aviva Vita to UBI Ban Aviva has agreed to sell its entire 80 percent shareholding in the Italian life insurance joint venture Aviva Vita to its minority partner UBI Banca for €400 million. CEO Amanda Blanc has said that the sale of Aviva Vita is an important step forward as the company reshapes its portfolio.

Disclaimer

The website https://kalkinemedia.com/uk is a service of Kalkine Media Ltd (Kalkine Media), Company Number 12643132. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.