Send to a friendJesda February 1st, 2007 7:50 AM Link
Put it on eBay with a $450mil Buy It Now.
Ford Expects Revised Bids For Aston Martin Today
Written By: Chris Paukert
Fancy buying your own British luxury marque? If you’ve been pining for Aston-Martin, bidding closed Tuesday, but Ford expects to see some revised offers today in excess of £450 million.
Those that appear close on the deal would include Canadian partsmaker Magna, a Syrian tycoon by the name of Simon Halabi, and Doughty Hanson & Co., a private equity group.
Other reports have pegged Aston’s value at closer to £550 million, and some have estimated that the storied automaker could go for as much as £1 billion, but fears of high pension commitments and other financial obligations are expected to curtail the value down to £450 million.
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Winding Road » Archive » No Aston Martin Louis Vuitton Editions Forthcoming February 6th, 2007 11:30 AM Link
[…] Despite rumors to the contrary, French luxury brand LVMH isn’t buying Aston Martin from Ford. […]
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