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The AA in a danse macabre with private equity partners
Ist Teil von
FT.com, 2020-09-24
Ort / Verlag
London: The Financial Times Limited
Erscheinungsjahr
2020
Link zum Volltext
Beschreibungen/Notizen
If it is to last another decade it needs cash to pay off its debts and investments to keep up with a world in which cars break down less often but have more complex problems. Successive efforts to flog the division, which makes syringes, pumps and ventilators, have collapsed in the past decade. Advocates took pains to talk about the strength of the group’s cash flow and the fact it had reinstated the dividend.