Friday, 7 December 2012

Kuwait's Aston Martin seen in deal with Italian fund - Banking & Finance - ArabianBusiness.com

Italian private equity fund Investindustrial is reportedly in pole position to buy a major stake in Kuwait-owned luxury car maker Aston Martin.
Sources close to the deal told Bloomberg that the company is close to an agreement to invest in the UK manufacturer, owned by Investment Dar.
Media reports from India on Thursday suggested that Mahindra & Mahindra, the main rival to Investindustrial, was no longer interested in buying a stake.

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