Sunday 17 December 2017

Aston Martin owners rev up for 2018 exit with Lazard hire | Arab News

Aston Martin owners rev up for 2018 exit with Lazard hire | Arab News:

"Aston Martin’s owners have hired Lazard to prepare for a stock market listing or sale of the British sports car maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters. Italian private equity fund Investindustrial and a group of Kuwaiti investors, who together own more than 90 percent of the marque, are hoping to cash in on a recovery in sales and are in the initial stages of a strategic review. They have hired investment bank Lazard to work on a preliminary plan and could either opt for an initial public offering (IPO) in the third or fourth quarter of 2018 or a trade sale, two of the sources said on Friday."



'via Blog this'

No comments:

Post a Comment