Tuesday, November 07, 2006

Aston Martin attracts private equity group interest

Aston Martin could return to British ownership after it emerged two UK investment groups are preparing bids for the luxury marque.

According to reports, Permira and Alchemy Partners are each considering £500m bids for the company but will face competition from US buyout firm Texas Pacific Group.

Ford put Aston Martin up for sale this summer. It is expected to command a price of between £350m - £1bn.

DATED: 07.11.06

FEED: MT





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