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As the AA bidding war breaks down is a rescue near?

Private Equity

As the AA bidding war breaks down is a rescue near?

The Telegraph - Oliver Gill

Once known as the fourth emergency service, the AA has had a torrid time of late and owes nearly £3bn to banks and bondholders There were plenty of winners when the AA floated in June 2014. The breakdown firm’s private equity owners, Charterhouse, Permira, and CVC, were able to sell out. They also …

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