Aviva and RAC announce terms of offer
The boards of Aviva and RAC have announced the terms of a recommended cash and share offer for the R...
The boards of Aviva and RAC have announced the terms of a recommended cash and share offer for the RAC, the UK motoring services provider, for approximately £1.1bn. The board of Aviva said it believed that the acquisition would accelerate the growth and profitability of NU.
The acquisition will bring together RAC's powerful brand and customer base (including 6.7m roadside assistance customers) with NU's complementary expertise, where it already insures one in seven of all UK motor vehicles and
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker