July 23, 2014 9:58 PM ET

Commercial Services and Supplies

Company Overview of The Automobile Association Limited

Company Overview

The Automobile Association Limited provides breakdown cover and roadside assistance services for households and businesses. The company is based in St Helier, Channel Islands. The Automobile Association Limited operates as a subsidiary of AA plc.

22 Grenville Street

St Helier,  JE4 8PX

Channel Islands

Key Executives for The Automobile Association Limited

The Automobile Association Limited does not have any Key Executives recorded.

The Automobile Association Limited Key Developments

Cenkos Interested In Acquiring Cenkos Securities

Acromas Holdings Ltd. has been approached by several parties including Cenkos Securities plc (AIM:CNKS) to acquire The Automobile Association Limited (AA). Cenkos is understood to have approached a number of City institutions to back the deal worth more than £4 billion. A spokesman of Acromas, said, "'We can confirm we have received a number of unsolicited proposals including one from Cenkos. While we take all such proposal seriously, no decision to sell the AA has been taken."

Saga Group And Automobile Association May Get Listed

Acromas Holdings Ltd., Owner of Saga Group Ltd. and The Automobile Association Limited, may go list one or both of the businesses. Acromas isd backed by Charterhouse Capital Partners LLP, CVC Capital Partners Limited and Permira Advisers Ltd.

Private Equities Mull Units Sale

CVC Capital Partners Ltd., Charterhouse Capital Partners LLP and Permira Advisers Ltd. are looking to split and sell The Automobile Association Limited and Saga Holdings Limited or float them as an entity. Deutsche Bank's Chief Executive Officer met the head of Acromas Holdings Ltd., which shows the importance of a deal to banks.

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