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Aston Martin scores bids from Mahindra and UK equity house

by Jonathon Ramsey (RSS feed) on Nov 24th, 2012 at 1:00PM

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... Read More

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