Tuesday 9 January 2018

Kuwait-backed 007 carmaker Aston Martin targets London float | Arab News

Kuwait-backed 007 carmaker Aston Martin targets London float | Arab News:

"British luxury carmaker Aston Martin is mulling a London stock market flotation, Bloomberg reported Tuesday. Aston Martin, in which Kuwait’s Investment Dar and Adeem Investment Co. own a stake, is mulling an initial public offering (IPO) that could value the iconic sports car manufacturer at as much as £5 billion ($6.8 billion, 5.7 billion euros), according to a report which cited people familiar with the matter. Investor interest in the shares sale could be boosted by the group’s plans to launch its first sport utility vehicle (SUV), the report added."



'via Blog this'

No comments:

Post a Comment