Aviva unveils deal to buy RAC

Norwich Union owner Aviva today unveiled a deal to buy motoring services group RAC for £1.1bn (€1.6bn).

Norwich Union owner Aviva today unveiled a deal to buy motoring services group RAC for £1.1bn (€1.6bn).

Aviva said the addition of RAC’s brand and customer base would boost its general insurance business, which insures one in seven of all UK motor vehicles.

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