Report: Aston Martin’s owner looking for potential buyers to buy its stake

Investment Dar Co., which has a controlling share in Aston Martin, has reached out to potential buyers to get rid of its 64 percent stake in the supercar company, according to sources familiar with the matter.

The Kuwait based company has hired Rothschild to advise on the sale. Word has that that India’s Mahindra & Mahindra Ltd.is among potential buyers Investment Dar has approached.

[slider id=158711]

So far, a sale has been difficult since no buyer wants to match what the Kuwaiti owner paid for Aston Martin when it purchased it from FoMoCo 5 years ago. The company is now looking for $800 million for its stake.

The reason for the sale? Investment Dar needs to raise some cash to pay off company debt.

– By: Omar Rana

Source: AutoNews


sa design how to    nitrous oxide picture
sa design how to nitrous oxide
2006 - 2007 HONDA CBR1000RR AIR CLEANER COVER, AIRBOX, 17231-MEL-D20 ADD NITROUS picture
2006 - 2007 HONDA CBR1000RR AIR CLEANER COVER, AIRBOX, 17231-MEL-D20 ADD NITROUS
Dakota Digital Round N2O Nitrous Pressure Gauge 0-2000psi Teal Display ODYR-23-1 picture
Dakota Digital Round N2O Nitrous Pressure Gauge 0-2000psi Teal Display ODYR-23-1
Advanced Engine Design Holley 4150 Carburetors Nitrous Micro Switch Kit P/N 6086 picture
Advanced Engine Design Holley 4150 Carburetors Nitrous Micro Switch Kit P/N 6086
6V-71 6V71 Blower Hat Spacer Supercharger Injector EFI Intake Nitrous Plate 1
6V-71 6V71 Blower Hat Spacer Supercharger Injector EFI Intake Nitrous Plate 1"