Aston Martin Sale
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
Just last month, we heard rumors of a possible collaboration between Lotus and Aston Martin, but while we assumed this meant trouble for the Malaysian-owned Lotus, it could have been Aston Martin reaching out looking for a buyer. Businessweek reports five unnamed sources have stated that Jeffrey N. Ross
Motor Trend is disputing yesterday's published reports that Brit luxury/sports car manufacturer Aston Martin will be sold to Louis Vuitton. According to MT, which cites "well-placed" UK sources, Aston's bags are packed and ready to leave Ford, but they do not have that iconic "LV" logo on them. Apparently the buyer is a group of high-finance types we've never heard of. They're set
At least five potential Aston Martin buyers have now whipped out their platinum cards in anticipation of taking the esteemed carmaker off Ford's hands. One London banker said, "The interesting question is whether this is just going to be a scrap between the rich men of Russia and the rich men of the Middle East." It's interesting to note the plethora of former Ford execs hoping to get a piece of Aston.