11th Aug 2016 14:51
11 August 2016
AA plc announces completion of sale of AA Ireland
for €156.6 million
Further to the announcement made on 30 June 2016, AA plc announces that, having received the necessary regulatory approvals, it has today completed the sale of AA Ireland Limited and its subsidiaries to Carlyle Cardinal Ireland Fund, L.P. and Carlyle Global Financial Services Partners II, L.P., for a total cash consideration of €156.6 million.
All the terms of the transaction remain as outlined in the announcement made on 30 June 2016.
For further information, please contact:
Jill Sherratt, Head of Investor Relations, the AA | +44(0)207 395 7301 |
James Curran, Investor Relations Manager, the AA | +44(0)207 395 4443 |
Headland (Financial PRs) | |
Francesca Tuckett/ Lucy Legh | +44 (0) 203 805 4822 |
Dean Street Advisers (Corporate Finance Advisers) | |
Mervyn Metcalf/Kevin Berry | +44 (0) 203 818 8520 |
Related Shares:
AA..L