AA to launch IPO in 2014, according to reports
Up to ten investors said to be interested in buying chunks of the group.
The AA is planning an IPO, valued at £4bn, according to reports.
The International Business Times reported that the company’s parent group, Acromas Holdings, is to announce the IPO “imminently”.
According to a source, ten institutional investors have been lined up to buy “large stakes” in the group.
These include Aviva Investors, Blackrock, JP Morgan Asset Management and Legal & General Investment Management.
The article further revealed that Bob MacKenzie, former Green Flag boss, is tipped to
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