Dec 7, 2012

Italian firm agrees to buy 37.5% of Aston Martin

Italian firm agrees to buy 37.5% of Aston Martin

Italian private equity firm Investindustrial has purchased a minority stake in supercar-maker Aston Martin. The 37.5-percent share carries a price of $241 million, while a majority stake is still held by Kuwait's Investment Dar. Aston Martin says this deal will allow the UK brand to pour $1 billion into new product, funding vehicle development through 2018.

Autoblog , Italian firm agrees to buy 37.5% of Aston Martin, Italian firm agrees to buy 37.5% of Aston Martin

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