Articles - Aviva to sell RAC for £1 billion


     
  •   Aviva to sell RAC to The Carlyle Group for £1.0 billion
  •  
  •   Price represents 17 times 2010 net earnings
  •  
  •   The sale is consistent with Aviva's strategic focus on insurance and savings businesses in its priority markets

 Aviva plc ("Aviva") announces that it has agreed to sell RAC Limited ("RAC"), the second largest UK roadside assistance provider, to The Carlyle Group ("Carlyle") for £1.0 billion*.

Back to Index


Similar News to this Story

Can we inherit our parents’ retirement lifestyle?
Over the next two decades, inheritance is likely to become an increasingly important factor in determining retirement outcomes in the UK. While pensio
How prepared schemes can move from buy-in to buy-out at pace
For many schemes, the journey from buy-in to buy-out can take a number of years. LCP’s 2025 Pension Risk Transfer Report highlights the scale of the c
Beyond the exam: Employers are rethinking actuarial reward
Reward investment is becoming more targeted, with greater focus on exam progress, promotions and key career milestones. Dedicated salary structures ar

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.