Deadline extended for AA takeover talks

deadline

The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.

The AA has been granted a deadline extension as it explained that takeover talks with a number of potential offerors have “continued to progress”.

The business announced on 4 August that it was in talks with several parties with the possibility of an offer being made in connection with a refinancing deal.

Platinum Equity Advisors and Warburg Pincus International are both looking at making a bid for the whole business, while Centerbridge Partners Europe and Towerbrook Capital Partners are

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