Two potential bidders pull out of race for AA
Shares in the AA opened more than 17% down this morning as private equity firms Centrebridge Partners Europe and Platinum Equity both confirmed they would not be bidding for the business.
The AA revealed it was holding talks with three groups - Warburg Pincus International; Platinum Equity; and the partnership of Centrebridge with Tower Brook Capital Partners – on 4 August.
At the
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