Three weeks, ago Businessweek reported that Investment Dar, Inc. was looking to shed its majority stake in Aston Martin. The Kuwait-based financial firm is apparently seeking to restructure its debt load and has sought $800 million for its 64-percent share in the English automaker. That amount compares to the $925 million that it took for a consortium, Investment Dar among them, to purchase 100-percent of Aston Martin from Ford in 2007.

According to reports, bidding for the 64 percent hasn't gone anywhere near that price, however. Bloomberg (parent company of Businessweek) reports that London-based private equity house Investindustrial has made a bid of nearly 250 million pounds ($401 million U.S.), with their overture trumped shortly thereafter by Indian automaking conglomerate Mahindra & Mahindra. According to the report, a winner will be chosen from among those two companies, but instead of Investment Dar's entire 64-percent stake, the winner will get 40 percent equity and 50 percent of the voting rights. Investment Dar will hold onto 24 percent of Aston.

There's some confusion around some of the numbers, however. According to Financial News, though, the stake being offered is 50 percent and Investindustrial, even with a lower bid, might still be the favorite. Investindustrial bought Ducati in 2006, then sold it to Audi for a 300-percent gain in July of this year. Working with another German automaker this time around, it's said that Investindustrial has stressed its commitment to invest in new product, and both reports indicate that it has a tentative deal with Mercedes-Benz to provide Aston access to technology, engines, gearboxes and other parts from AMG. An announcement of the winning bidder could come as soon as this weekend.


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    • 1 Second Ago
  • 25 Comments
      PDKid
      • 2 Years Ago
      I'd love to see what Investindustrial could do with Aston Martin, particularly for the sake of access to MB/AMG tech. Their work with Ducati was impressive and not so ambitious that it was "risky". Very pleased with product like Diavel and the development and improvement of Ducati's other model lines. Mahindra = Do Not Want.
        Philip
        • 2 Years Ago
        @PDKid
        If Mahindra buys out AM, then the Indians need only buy out Rolls Royce and Bentley!! The empire strikes back!
      seerogerseeroger
      • 2 Years Ago
      Ford sold 90% of Aston Martin in 2007, not 100% as the article states.
      mbukukanyau
      • 2 Years Ago
      The best company to go into business with Aston is GM. This would be a Joint GM controlling stake without taking over operations of Aston, so that Aston would remain independent, Why you ask Aston would have access to : • Alpha platform • Voltec • GM Vast Engineering and Patents Empire both in Europe and United States • Joint top end platform development • Latest technologies like CUE What does GM get in return? • V12 Motors • DOHC V8’s • Dual Clutch transmissions • A place to spread the cost of its top end platforms.. like Alpha and upcoming Ultra Cadillac I hope GM investment arm is looking into this.
        adam1keith1980
        • 2 Years Ago
        @mbukukanyau
        HAHAHAHAHA!!! GM can't even build a proper luxury car yet (see XTS), and their Corvette is the finest example of poor quality.
          mbukukanyau
          • 2 Years Ago
          @adam1keith1980
          One more thing, if you think the Corvette is not a sports car, tell me this, in 2011 best drivers car motor trend test, the Z06 Carbon ran 4 seconds faster at Laguna seca than the next fastest car. This is Laguna SECA, it was so damn fast, they did not even bother to run the ZR1 which is faster. • Lexus LFA: 1:36.39 • Ford Mustang Boss 302 Laguna Seca: 1:41.06 • Lotus Evora S: 1:42.49 • Porsche Cayman R: 1:41.64 • BMW 1M: 1:43.31 • Porsche 911 GT3 RS: 1:36.77 • Mercedes-Benz SLS AMG: 1:38.82 • Chevrolet Corvette Z06 1:34:43 Tell you what, the Corvette at that time was 9 years old… imagine what the C7 is going to do. If that is not the best sports car in the world, I do not know what your idea of a sports car is.
          mbukukanyau
          • 2 Years Ago
          @adam1keith1980
          Man, you have no idea what you are talking about. The XTS is a proper luxury car. Just look at the reviews. As for Corvette, show me a single sports car that can take the abuse a corvette can and still keep kicking ass. 7 ALMS titles prove it. ATS is the best sports sedan out there bar non, and the CTS V is still better than most sports sedan offerings 4 years on. You are living in the past ZL1 will mop the floor with a V12 European coupe easily.. all day long.. and packs much more advanced technology than even Ferrari and some Mercedes and BMW coupes. Put Jaguar XK to shame.
          Teleny411
          • 2 Years Ago
          @adam1keith1980
          I could see the general denoting the Vanquish a "value leader" and shoving an ecotec in the engine bay, the Corvette's seats and some leftover hard plastic from the Cobalt. :)
          Jesse Gurr
          • 2 Years Ago
          @adam1keith1980
          "This is Laguna SECA, it was so damn fast, they did not even bother to run the ZR1 which is faster. " ZR1 was actually slower. By more than a second at 1:35:80. And of course, the Viper spanked them all at 1:33.92 which is apparently the fastest street legal car. http://www.fastestlaps.com/tracks/laguna_seca.html The Boss 302 number you have is for the stock Boss 302, the Laguna Seca Edition actually ran at 1:13:20. http://www.worldcarfans.com/112012140111/mustang-boss-302-laguna-seca-faster-than-ferrari-aston
        Tina Dang
        • 2 Years Ago
        @mbukukanyau
        HELLLL NOOOO
          mbukukanyau
          • 2 Years Ago
          @Tina Dang
          Teleny411: First off, I said Aston should remain independent, that way GM is not burdened with managing it. You forget GM has had a long and pretty successful joint venture history, including Isuzu, Subaru Suzuki Lotus Financial wows aside, GM is fine and very very innovative company. I doubt they will be going back to their moneyless days. Plus, Aston would get more than GM could ever get from them. You are all thinking pedigree, this is a business, not an emotions party.
        Lepton
        • 2 Years Ago
        @mbukukanyau
        Dual clutch transmissions?? Where would they come form?
        adam1keith1980
        • 2 Years Ago
        @mbukukanyau
        You are so funny. XTS is not Cadillac's best effort. I am still waiting for the V8 RWD flagship that Cadillac has been talking about since forever. When I think of GM and Europe, I think of Saab, and I don't want Aston Martin to be Saab II. Also, I want my tax money back from GM.
      slap
      • 2 Years Ago
      Nice looking Ford Fusion. oh, wait....
      • 2 Years Ago
      [blocked]
      Jonathan Wayne
      • 2 Years Ago
      Tata should buy it, it only makes sense for them to really.
      Teleny411
      • 2 Years Ago
      I think Aston would be a good fit with Jag, Land Rover and BMW not Mercedes. Bmw doesn't play in the same markets and development costs could be shared with Rolls. Jag could get back to their traditional dohc inline sixes (as could Aston).
      Vishal Chintalapani
      • 2 Years Ago
      It's hard to understand the rationale behind Mahindra's intention to buy Aston Martin. I am guessing it will be hard for Mahindra to put to use any of AM's technology to any of its current products/lines of business. Where as, it make very good sense for Tata to buy them as they already know how to run prestige brands (Jaguar and Land Rover). Tata can also use Jaguar's engineering/technology centers to develop next-gen AMs.
        • 2 Years Ago
        @Vishal Chintalapani
        [blocked]
          FreeThinker
          • 2 Years Ago
          Incorrect on all counts: 1) It was Ford and Jaguar's own engineers--with new money from Ford--that turned around that brand. 2) Jaguar sales are up 21% in the U.S., JLR sales are up over 35% globally. So it's you're ability to check sources that is quite dismal. 3) Jaguar models have received higher reliability scores vs. their German competitors from not just J.D. Power, but several EU publications and reseach firms as well. Google the facts, nobody. 4) Tata bought Jaguar just when Ford was starting to lose money and could not afford to bolster the good will they had started with the revised XK and XF. Under a continued Ford ownership those models may dwindled without the incremental improvements, new engines, new 8-speed transmissions, and AWD systems they have received over the past 3 years. Tata brought in the fresh money and eager management structure to maintain Jaguar's brand resurrection and momentum. Hence the actual release of the F-type late this year. It's not just a concept car anymore. Facts = Jaguar is on a roll both in the U.S. and globally. 5) Aston could only hope to receive such support at this critical hour. Tata would be a dream come true.
      Brodz
      • 2 Years Ago
      Great... another renowned brand picked up by poor country powerhouse. Only to yet again have another sports car company being powered by AMG instead of having it's own identity. So sad.
        icemilkcoffee
        • 2 Years Ago
        @Brodz
        "another renowned brand picked up by poor country powerhouse" To be fair, Aston Martin didn't do too badly under Ford ownership.
      rocketmoose
      • 2 Years Ago
      AMG? Ehhhh... I don't really want Astons to turn into reskinned Mercs. I hope they get to keep their own V12 and V8s, and platforms, in such a deal. Gearboxes, though? Yeah, why not. The single-clutch autos in current Astons suck.
      Nathan Loiselle
      • 2 Years Ago
      As long as Aston continues to use the VH architecture instead of Mercedes architecture I don't really see why not. Although I would like to see AMG dropping V12's instead of V8's into the cars.
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