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AA may yet receive offer despite deteriorating prospects

The roadside assistance group has produced a decent showing at the half-year mark, though it appears private equity interest may be waning - at least, for the time being
September 29, 2020

It must be emotionally draining for shareholders in AA (AA.). The roadside assistance group saw its market value pull back sharply ahead of publication of its interim figures, when it was announced that California-based Platinum Equity had terminated offer discussions ahead of the previously-set deadline of 29 September for offers for the group.

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