British Gas owner sells AA

Energy group Centrica today agreed the sale of the AA motoring organisation to a private equity consortium for £1.75bn (€2.62bn).

British Gas owner sells AA

Energy group Centrica today agreed the sale of the AA motoring organisation to a private equity consortium for £1.75bn (€2.62bn).

The British Gas owner will offload the breakdown and financial services operation to a company formed by CVC Capital Partners and Permira.

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