Business · 30 August 2026
Allianz explores £5bn AA takeover from EQT.
Jaggery via Wikimedia Commons (CC-BY-SA-2.0)
The breakdown recovery service has about 17 million customers and is famous for its yellow vans. Private equity group EQT is also bidding for the business, as its current owners look at either selling up or listing company shares in London. Investors TowerBrook and Warburg Pincus took the motoring brand, which was founded in 1905, off the stock market back in 2020.
Reported by The Guardian · How we write briefs