Thursday, February 08, 2007

US investor heads race for Aston Martin

An American investor has moved into pole position to snap up luxury marque Aston Martin. According to The Times, Nelson Peltz is leading the pack of bidders with Ford aiming to pick a preferred bidder by the end of February. Peltz is reported to be one of the most powerful activist investors in the US. Others on the shortlist include property tycoon Simon Halabi and British private equity group Doughty, Hanson and Co. A consortium headed by Australian media mogul James Packer and Magna, the Canadian parts manufacturer, are also in the running.

DATED: 08.02.07

FEED: MT





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