Insurance Post

Kwik Fit bidders close in on deal

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The private equity parent of Kwik Fit Insurance is within reach of a deal to sell the motor specialist to a trade buyer, Post understands.

Fortis Insurance has been linked to a deal to buy the Uddingston-based intermediary from its French parent, PE firm PAI Partners.

AA and Saga's parent company Acromas is also understood to have held

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