Investindustrial To Buy Aston Martin Stake

Private equity group Investindustrial has agreed to buy a stake in Aston Martin from its indebted Kuwaiti parent, in a deal that will bring desperately needed cash to develop new cars for the British luxury brand.

Topics:  investindustrial   aston martin   kuwaiti   british   buy   stake   
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BING NEWS:
  • InvestIndustrial to Buy Aston Martin Stake
    Investindustrial, which was founded by Italy's Bonomi family and is based in London, gained notoriety in April for having sold Italian motorcycle maker Ducati Motor Holding SpA to Volkswagen AG VOW3.XE +0.41% Volkswagen AG Non-Vtg Pfd. Germany: Xetra € ...
    12/7/2012 - 8:29 am | View Link
  • Investindustrial to Purchase 37.5% Stake in Aston Martin
    Aston Martin, the British maker of sports cars featured in James Bond movies, will sell a 37.5 percent stake to Investindustrial to shore up its finances. The European private equity fund, which is based in London, will buy the stake for 190 million euros ...
    12/7/2012 - 2:27 am | View Link
  • Report: Mahindra drops Aston Martin bid, Investindustrial is close to buying stake
    According to a new report by Automotive News Europe private equity fund Investindustrial is near an agreement to buy the Aston Martin stake. The London based company has trumped Mahindra’s bid but a final agreement has not yet been signed. If completed ...
    12/6/2012 - 11:50 pm | View Link
  • Investindustrial Buys 37.5 Percent Stake In Aston Martin
    It has been confirmed that Italian private equity group Investindustrial has purchased a 37.5 percent stake in Aston Martin, providing 150 million pounds (approximately $240.4 million) in the form of a capital increase. Aston Martin, together with its new ...
    12/6/2012 - 10:53 pm | View Link
  • Investindustrial confirms Aston Martin stake buy
    Investindustrial is investing 150 million pounds ($241 million) in Aston Martin in the form of a capital increase, said the British car-maker on Friday. Aston Martin, whose cars became famed for their starring role in James Bond films, said the deal would ...
    12/6/2012 - 10:14 pm | View Link
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BING SEARCH:
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  • Aston Martin
    Aston Martin Lagonda Limited is a British manufacturer of luxury sports cars and grand tourers. It was founded in 1913 by Lionel Martin and Robert Bamford.
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