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Allianz reportedly circling AA with £5bn bid

Deal

Reports have suggested that Allianz is lining up a potential £5bn bid for roadside assistance firm AA.

Over the weekend, both The Times and Sky reported the potential deal after AA backers, TowerBrook Capital Partners, Warburg Pincus and Stonepeak, are open to selling it.

RelatedHolmes hoping to retire

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Q&A: Chris Jolley and Jeff Mountford, WHO2 Global

WHO2 Global co-founders Chris Jolley, CEO, and Jeff Mountford, chief technology officer, reveal how the start-up’s Benchmarq360 uses data, artificial intelligence, and experience to improve the way insurers work.

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