Sunday, 25 November 2012

BBC News - Aston Martin owner denies receiving two offers for firm

The owner of Aston Martin, Kuwait's Investment Dar, has denied reports it has received competing bids for a 50% stake in the luxury British car brand.

Italian private equity fund Investindustrial is widely reported to have made an offer of nearly £250m ($400m) for Aston Martin.

India's Mahindra and Mahindra is understood to have made a higher offer.

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