NU touted as possible RAC bidder
City analysts have placed Norwich Union parent Aviva in the frame for RAC, after the insurance and roadside recovery giant revealed it had received an approach "that may lead to an offer to buy the business."
Shares of RAC gained 138.5 pence today to 880.5p, giving the company a market value of £1.04bn.Aviva refused to comment on market speculation. Aviva's shares fell 15p today.
Other firms touted as
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