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AA agrees £219m takeover deal with private equity investors

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TowerBrook and Warburg Pincus say they will also inject £378m into motoring business

The AA has agreed a £219m takeover deal that will return the motoring group to the hands of private equity investors, who will also take on its large debt pile.

The investors, TowerBrook and Warburg Pincus, said they would also inject £378m of new investment into the business.

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