Monday, October 23, 2006
Billionaires set sights on Aston Martin
Two European billionaires are now being tipped as potential bidders for British luxury marque Aston Martin. According to the Financial Times, Bernard Arnault and Alberet Frere are eyeing up the brand that has been put up for sale by Ford.
This follows an announcement by the duo to create a joint investment fund which will have equity financing capacity up to £670m. In a statement, they said the venture would invest in both listed and unlisted companies, mainly in Europe.
DATED: 23.10.06
FEED: MT
This follows an announcement by the duo to create a joint investment fund which will have equity financing capacity up to £670m. In a statement, they said the venture would invest in both listed and unlisted companies, mainly in Europe.
DATED: 23.10.06
FEED: MT
