The Guardian

AA faces £5bn takeover move by German insurer Allianz, reports claim


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.

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Source link : https://www.theguardian.com/business/2026/aug/30/aa-takeover-german-insurer-allianz

Author : Reuters

Publish date : 2026-08-30 09:26:00

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