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Aston Martin Invests in New Technology and Products

Aston Martin Invests in New Technology and Products

Aston Martin CEO Ulrich Bez said that he hopes Investindustrial will help the automaker expand its market presence and launch its next generation sports cars. Aston Martin plans to invest $1 billion in new technology and products, after Investindustrial, the Italian private equity fund, purchased a 37.5% stake in the […]

Investindustrial to Buy 37.5% in Aston Martin

Investindustrial to Buy 37.5% in Aston Martin

Investment Dar chose Investindustrial as the buyer of 37.5% in Aston Martin for the sum of 190 million euro ($246 million). “Investindustrial’s new investment reflects and sustains the unique position of Aston Martin within the industry,” Aston Martin Chairman David Richards said in the statement. “I am delighted that Investindustrial […]

Investindustrial reportedly close to buying Aston Martin stake

Investindustrial reportedly close to buying Aston Martin stake

Private equity fund Investindustrial is closing in on an agreement to buy an Aston Martin stake to ensure financing of the renowned sports-car maker. According to two people familiar with the matter quoted by Bloomberg, London-based Investindustrial has trumped Indian automaker Mahindra & Mahindra to invest in Aston Martin. The […]

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Deal for Half of Aston Martin Almost Secured

Deal for Half of Aston Martin Almost Secured

Investment Dar Co. is very close to sell half of Aston Martin and boost funding for future development. “The proposed plan will ensure Investment Dar can deliver its medium- and long-term growth plans,” Aston Martin spokeswoman Janette Green said in an e-mail. The owner of the Aston Martin brand has […]

Mahindra & Mahindra favorite to take over Aston Martin

Mahindra & Mahindra favorite to take over Aston Martin

The fate of Aston Martin is likely to be decided this week, with India’s Mahindra & Mahindra favorite to become the British sports car maker’s new owner. Mahindra’s rival for the acquisition of Aston Martin is Italian private equity fund Investindustrial, according to unnamed sources aware of these talks quoted […]

Investment Dar to Sell Half of Aston Martin

Investment Dar to Sell Half of Aston Martin

Investment Dar Co., Aston Martin’s owner, has received bids from Mahindra & Mahindra and Investindustrial for half the sports-car automaker. Sources say that Investment Dar and the other investors in Aston Martin might take a decision about the selling as early as next week. The European Investindustrial, which is a […]

Aston Martin up for sale, report says

Aston Martin up for sale, report says

Aston Martin’s controlling shareholder, Investment Dar Co., has approached potential buyers for the iconic British brand, according to Bloomberg. Bloomberg quoted five people with knowledge of the matter, with one of them saying the Kuwaiti company has hired Rothschild to advise on the sale. Investment Dar, which owns 64 percent […]