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German insurer Allianz weighs $6.77 billion takeover of AA roadside rescue giant

Summary
Germany-based financial services company Allianz is considering a £5 ​billion ($6.77 billion) takeover swoop for AA, ‌the breakdown recovery group, Sky News reported on Saturday. AA, founded by a group of ​motoring enthusiasts in 1905 and known ​in Britain for its yellow recovery vehicles, ⁠was taken public by its previous ​private equity owners in 2014 at ​250 pence a share.

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The German insurer Allianz is considering an acquisition of the British roadside assistance service AA, news channel Sky News reports. According to Sky, the acquisition could involve a sum of 5 billion pounds, equivalent to 5.8 billion euros.

·Apeldoorn, Netherlands (Kingdom of the)
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  • 56% of the sources are Center
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Great Yorkshire Radio broke the news on Saturday, August 29, 2026.
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