Photo: Aston Martin
Aston Martin’s main shareholder, Investment Dar Co., has reportedly began looking for potential buyers, as it wants to pass on the famed British brand. The story comes courtesy of Bloomberg, where it is stated that the Kuwait-based investment company has enlisted the help of Rothschild to advise on the sale of its 64% share.
The Kuwaiti company bought its share in Aston Martin, in 2007 , for $805-million, and now they want to sell off what they have, in order for them to pay off their other debts.
When asked about the potential sale of the company, Investment Dar officials denied it, while Janette Green, director of brand communications at Aston Martin also said that the company was not looking to sell. A representative of one of the supposed buyers, Mahindra, declined to make any comments on the matter.
When asked about the potential sale of the company, Investment Dar officials denied it, while Janette Green, director of brand communications at Aston Martin also said that the company was not looking to sell. A representative of one of the supposed buyers, Mahindra, declined to make any comments on the matter.
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