November 29, 2017 / 11:12 AM / 7 months ago

BRIEF-AA Says To Sell Home Emergency Services Policy Book To Homeserve​

Nov 29 (Reuters) - AA Plc:

* ‍IT HAS AGREED TO SELL AA’S HOME EMERGENCY SERVICES POLICY BOOK TO HOMESERVE​

* ‍HOMESERVE WILL ACQUIRE APPROXIMATELY 70,000 CONSUMER POLICIES WHO WILL MIGRATE FROM MAY 2018​

* ‍TRANSACTION IS EXPECTED TO COMPLETE EARLY IN 2018​

* ‍HOMESERVE WILL OPERATE BUSINESS UNDER AA BRAND FOR NEXT THREE YEARS​

* ‍ON COMPLETION, APPROXIMATELY 70 PLUMBING AND GAS ENGINEERS WILL TRANSFER TO HOMESERVE​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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