Saturday, 24 November 2012

Two bidders race for Aston Martin stake - FT.com

Kuwait Investment Dar has received two competing offers for a 50 per cent stake in Aston Martin and a deal may be struck as early as this weekend, according to three people familiar with the matter.
India’s Mahindra & Mahindra and European buyout group InvestIndustrial are the final bidders in competition for a share of the storied carmaker known for its starring role in James Bond films.
The bidders have proposed a 50 per cent capital increase at Aston Martin in order to bring in new investors alongside a Kuwait-based consortium led by Investment Dar.

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