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AA could face £5bn takeover move by German insurer Allianz, reports claim
UK NewsBusiness•August 30, 2026 at 10:26 AMNational

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

By Reuters•The Guardian - UK News

Breakdown recovery group’s private equity owners reportedly in talks with various suitors to sell companyThe German-based financial services company ⁠Allianz is considering a £5bn takeover swoop for AA, ⁠the breakdown ⁠recovery ​group, Sky News has reported.Allianz was ‌one of a small number of parties holding talks with advisers to AA about a deal, Sky News said, adding that ‌the private equity outfit EQT was another bidder. Continue reading...

Breakdown recovery group’s private equity owners reportedly in talks with various suitors to sell company

The German-based financial services company ⁠Allianz is considering a £5bn takeover swoop for AA, ⁠the breakdown ⁠recovery ​group, Sky News has reported.

Allianz was ‌one of a small number of parties holding talks with advisers to AA about a deal, Sky News said, adding that ‌the private equity outfit EQT was another bidder.

Continue reading...