RE: Possible offer for AA!!4 Aug 2020 09:11
AA provided no other details on the approaches, but the Times had reported that one of the bidders made a potential offer of 40 pence a share, equating to a market value of about GBP250 million, or about GBP2.9 billion including AA's GBP2.65 billion of debt. Shares in AA closed at 25.00p each in London on Monday, valuing the company's equity at GBP155.2 million.