Aviva is seeking to sell its RAC roadside rescue business as part of its strategy to focus on 12 key markets out of 30, Financial Times reports. The company, which bought RAC for £1.1 billion in 2005, may raise between £500 million and £600 million from the sale. Potential buyers include Royal Bank of Scotland and mutual life and general insurer, LV=. The company has appointed one of its brokers, JPMorgan Cazenove, to lead the sale.

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