Warning: strtr(): The second argument is not an array in /home/indiandr/public_html/wp-content/plugins/all-in-one-seo-pack/aioseop.class.php on line 52

Warning: strtr(): The second argument is not an array in /home/indiandr/public_html/wp-content/plugins/all-in-one-seo-pack/aioseop.class.php on line 52

Warning: strtr(): The second argument is not an array in /home/indiandr/public_html/wp-content/plugins/all-in-one-seo-pack/aioseop.class.php on line 52

Warning: strtr(): The second argument is not an array in /home/indiandr/public_html/wp-content/plugins/all-in-one-seo-pack/aioseop.class.php on line 52
Home New Cars Used Cars Car Prices Service Centers Car Dealers Image Gallery Blog Insurance Finance Bikes USA Drives
Upcoming Cars Latest Cars Test Drive Latest News Car Comparison New Car Reviews Used Car Reviews Driving Tips Buyers Guide

Investindustrial buys stake in Aston Martin







Italian private equity fund Investindustrial has signed a deal with the Aston Martin to invest about 150 million pound (about Rs.1,308.23 crore) for a 37.5 percent share in the British sports car company. As a part of the deal, company will be investing a total of about 500 million pound (Rs. 4,360.77 crore) in the product development over a period of five years.

Mahindra and Mahindra was previously thought to be the most favorable candidate for the deal with the greater cash flow. However, Investindustrial has also offered technical partnership with the Mercedes and AMG as a part of the deal. The announcement however, didn’t mention any technical tie-up with the Mercedes.

Investindustrial buys stake in Aston Martin
Investindustrial earlier owned Ducati which was sold to Audi earlier this year for a sum of $1.1 bn (Rs. 9,593.7 crore).

Similar Articles

  • No Related Post

Give your Review on this Car

Your email address will not be published. Required fields are marked *

*
*

CommentLuv badge
Follow Us