AA sounds out buyers, and owners of fellow roadside assistance provider prefer IPO of similar valueThe private equity owners of the AA, Britain’s biggest roadside recovery business, are looking for a potential £5bn sale or stock market flotation, while the owners of the rival RAC are targeting a London listing with a similar valuation.
The AA, which provides roadside assistance as well as insurance and driving lessons, is owned by a consortium including TowerBrook Capital Partners, Warburg Pinc...
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