Arab Today, arab today italian investment group buys stake in aston martin
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Italian investment group buys stake in Aston Martin

Arab Today, arab today

Arab Today, arab today Italian investment group buys stake in Aston Martin

London - SPA

Italian investment group Invest industrial will become a major shareholder in Aston Martin, the British luxury carmaker. Invest industrial, headquartered in Italy, will invest 150 million pounds (240 million dollars) in the firm, taking a stake of 37.5 percent, dpa quoted a statement from Aston Martin as saying Friday. The deal, which aims to shore up the finances of the ailing group, was announced after Indian motor group Mahindra & Mahindra pulled out of the competition. Aston Martin was sold in 2007 by Ford for 479 million pounds to a consortium of Investment Dar and another Kuwaiti investment fund, deem Investment. \"I am delighted that Invest industrial has decided to become a major investor in Aston Martin. With the support of the Investment Dar, we have made substantial progress over the past five years in laying the foundations for success as one of the world\'s leading luxury sports car manufacturers,\" said chief executive David Richards. Andrea C. Bonomi, Senior Principal at Invest industrial, said: \"Weare delighted to form part of this iconic global, but quintessentially British brand.\" Adnan Al-Musallam, chairman and managing director of the Investment Dar, also welcomed Invest industrial as new partners. \"With our continued commitment and the support ofInvestindustrial, Aston Martin is in a strong position to pursue its plans for development.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian investment group buys stake in aston martin Arab Today, arab today italian investment group buys stake in aston martin

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian investment group buys stake in aston martin Arab Today, arab today italian investment group buys stake in aston martin

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday