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Warburg Pincus and TowerBrook to take control of debt-laden roadside recovery group
Warburg Pincus and TowerBrook offer 35p a share in non-binding proposal for debt-laden company
Companies analysis from our sister publication
Suitors whittled down; Smiths delaying tactics; Willie Walsh’s new billet
After six years on public markets the recovery group may return to private equity hands
The debt burden piled on breakdown company AA has cast a cloud over its future success
Beware PE, but there are few good options; whisky sours at Diageo
Breakdown group says its debt burden is ‘impediment to long-term success’
Breakdown group reports roadside call-outs back to 90% of expected levels as motorists venture out
Breakdown service group is lumbering towards a restructuring
In an overleveraged world headed for economic slowdown, don’t rely on the heavily indebted for rescue
Chief executive outlines plans to cut costs, boost profits and reverse sliding shares
Motoring group to develop black box to predict breakdowns as it repositions itself
Investors who bought into plan may soon find themselves on their own
The automobile association wins or renews key business contracts
It comes as breakdown group embarks on plans to become technology focused business
Insurer Hiscox set to replace Royal Mail in the bluechip benchmark
Markerstudy is frontrunner in £300m deal but others have expressed interest
Chief executives duck difficult questions by complaining about snow, rain and heat
Investment bank star quotes Winnie the Pooh in his farewell email to colleagues
Roadside recovery group is taking too long to turn things round for some people
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