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

Always Believing you are Gold
Amid the ongoing tensions in the Middle East, Bitcoin has received a less traction. This is despite a fall over the last 6 months of nearly 50%. I’m a
Asset-backed securities: a growing opportunity for investors
From early 2027, the European Union’s (EU’s) Solvency II reforms will significantly improve the capital treatment of asset-backed securities (ABS). So
Why pensions still go missing in divorce settlements
For specialist divorce lawyers, the importance of properly addressing pension assets is now widely understood. Whilst efforts have been made to raise

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.