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Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. [7] In July 2011, Saga acquired Allied Healthcare. On 31 January 2015, it wrote it down to zero, and then sold it, at a small net profit, to Aurelius Group in December 2015. [8] [9] [10] In May 2014, Saga Group Ltd was successfully listed on the London Stock Exchange ...
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Acromas Holdings is a holding company formed in May 2007 [1] by Charterhouse Capital Partners, CVC Capital Partners and Permira, to act as the parent company of Automobile Association and Saga, ahead of the companies' mergers in September 2007.
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In December 2019, Saga appointed Sutherland as chief executive. [2] At a crucial moment he joined with Saga. The insurance firm, which accounts for the overwhelming majority of the group 's earnings, has needed to dramatically slash premiums to stay profitable. Whereas the travel company is preparing to introduce two freshly built cruise ships ...