Aston Martin’s Biggest Investor Offers TO GET Another 3% Stake
The biggest buyer in Aston Martin offered on Friday to buy another 3 per cent stake in the blissful luxury carmaker, 12 months whose stocks have slumped since list last. Strategic European Investment Group, part of the Italian private equity group Invest industrial, already owns 31 per cent of Aston Martin. It only wants to buy a maximum 3 % more, but must make an offer to all shareholders due to its already large holding. In October of this past year Aston Martin had struggled since it was shown. Its shares, this year down 21 % so far, closed Thursday at 963 pence, valuing the business at 2.18 billion pounds.
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