Wed. Feb 26th, 2020

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Uber, Addison Lee And TfL Fail London Minicab Drivers

Carlyle Explores £1 Sale of Minicab Firm Addison Lee @m2odo

1 min read

U.S. private-equity firm Carlyle Group is eyeing the possible sale of Addison Lee Group in a deal that could value the London-based minicab company at around £1 ($1.29), according to people familiar with the matter. The price was confirmed by Mick O’Donoghue in a tweet yesterday evening.

 

The buyout group has appointed bankers from Bank of America Merrill Lynch to handle the process, which is likely to start later in 2019 when there may be more clarity about the U.K.’s planned departure from the European Union, the people added.

2 thoughts on “Carlyle Explores £1 Sale of Minicab Firm Addison Lee @m2odo

  1. Alright John we have meet a few times I have been on Addison Lee for 28 years and I have not known it so bad on here has it is now not had a proper check for 6 weeks and I don’t know what to do

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