Friday 7 December 2012

M&M loses out as Investindustrial confirms Aston Martin stake buy - Yahoo! News Maktoob

Italian private equity fund Investindustrial has signed a deal to buy 37.5 percent of Aston Martin Lagonda Ltd from its Kuwaiti owner Investment Dar.
Investindustrial is investing 150 million pounds 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 enable it to "invest more than half a billion pounds in new products and a technology programme over the next five years".

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