Insurance giant Aviva is close to finalising the sale of the RAC according to a report from Sky News.
The firm has been seeking a buyer for several months, as part of a larger restructuring, but has never publicly commented on the issue.
Earlier this month chief executive Mark Hodges, who has since resigned, said: 'We don't think it's in the interests of our shareholders to say anything.'
According to reports, the short-list of potential buyers has now been reduced to two of three private equity firms; BC Partners, Carlyle Group and Clayton Dubilier & Rice.
It is thought that a successful deal would be reached at between �600m and �900m.
Aviva has owned the roadside assistance company since 2005 when it made a successul takeover bid of �1.1bn.
Aviva could not be reached for comment at the time of publication.
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