Carlyle sells RAC stake to CVC at £2.2bn valuation

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Carlyle sells RAC stake to CVC at £2.2bn valuation

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The RAC rescue service attends a breakdown on the M5 Motorway near Bridgend, Wales. | Ben Birchall/PA Archive/Press Association Images

Carlyle Group has sold its stake in RAC, the UK roadside recovery firm, to CVC Capital Partners in a deal that values the business at £2.2bn, including debt.

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