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News - Saga and AA outline £6bn tie-up

Posted on October 22, 2007 - Filed Under Financial loss insurance | Leave a Comment

Saga, which sells holidays and other products to the over-50s, is to merge with motoring giant AA in a deal valuing the combined firm at 6.15bn.

The BBC’s business editor Robert Peston said the deal, creating a company with more than 11,000 employees, would value the AA business at about 3.3bn.

Private equity firms Permira and […]

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News - Costa Rica ban hits sports fans

Posted on October 12, 2007 - Filed Under Financial loss insurance | Leave a Comment

A Costa Rican law banning the sale of alcohol on voting day is set to give some businesses a sore head this year.

Sunday’s vote clashes with the Super Bowl, an event that normally draws in a crowd at the many bars and restaurants favoured by ex-pats.

The so-called Dry Law is in force from Friday through […]

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