According to reports, a 50-percent stake in Aston Martin could be sold before the end of the month, despite claims from CEO Ulrich Bez that the brand is not for sale.
Investment Dar, Aston Martin’s Kuwaiti owner, reportedly has bids for 50 percent of the company from Indian automaker Mahindra & Mahindra as well as European buyout group Invest Industrial.
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It appears that Mahindra & Mahindra has put in the higher bid, but Investment Industrial is offering a technical partnership with German automaker Mercedes-Benz as part of the deal. The technical partnership with Mercedes could be a vital component to sway Investment Dar one way or the other.
[Source: Autocar UK]