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Italians and Indians fight over Aston Martin

Aston Martin Vanquish

Aston Martin’s majority shareholder, Kuwait Investment Dar, is offering up 50% of the prestige manufacturer. This pleases the Italian conglomerate Investindustrial and the Indian manufacturer Mahindra & Mahindra, who are fighting it out over boardroom tables.

It’s being reported Investindustrial is offering £250m to play with James Bond’s toys, while Mahindra & Mahindra are prepared to better that offer. However, Investindustrial’s ability to offer a technological partnership with Mercedes-Benz, possibly through their performance arm AMG, may be enough to win the deal.

A decision is expected in the coming days.

[Source: The Telegraph]

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