News About Potential Buyers of Aston Martin

November 24, 2012 at 11:28

As we all are following up the great news of how Aston Martin news are revolving lately, as we all want to know to whom our favorite brand is going to be given. We have learned that the company got some competitive bids from Investindustrial and Mahindra & Mahindra to sell half of the shares of the Aston Martin sports cars producing company.

Aston Martin Company Badge Pic

Aston Martin Company Badge Pic

Investment Dar and other investors from Kuwait, which now posses Aston Martin, who are based in Gaydon in the UK, are trying to pick a winner of the greatest offering, though they want to make it all as quick as possible, maybe even till the end of the next week. The buyer will receive shares in the capital increase and therefore will own a huge stake in the company.

Aston Martin Vanquish 2012 Pic

Aston Martin Vanquish 2012 Pic

It was also heard that Investindustrial – a European investing company, based in London – offered a little less than 250 million pounds ($ 401 million) and Indian carmaker Mahindra overbid the offer! The decision could mean the end of months of ongoing search of investors, that was conducted by Investment Dar for Aston Martin, the manufacturer of luxury sports cars, which appeared in the James Bond films. The Investment Dar, as a part of a group that bought Aston Martin from Ford for 503 million pounds ($ 805 million) in 2007, thinks that the income that will come from the sale of the marquee may mean the possibility of repaying the debt of the company.

categoryCategories: News
tagAston Martin Tags: