Thursday, September 07, 2006

Aston Martin boss eyes MBO

The chief executive of Aston Martin could be about to launch a management buy-out of the luxury car brand.

Reports suggest that Ulrich Bez is preparing to lead a consortium after Ford put the company up for sale last week.

But industry speculation suggests that Bez may face a challenge from former Ford chief executive Jac Nasser.

He now fronts a private equity group in the US and may be interested in acquiring the Warwickshire-based carmaker.

DATED: 07.09.06

FEED: MT





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