Cars
Former Ducati Owner Investindrustrial Rumored to Beat Mahindra in Securing Aston Martin Share
Reports about Aston Martin major shareholder Investment Dar looking to offload a stake in the British sports car maker in order to secure much-needed funds, have been circulating since early November. Mahindra & Mahindra, which last year acquired Korean SUV maker SsangYong, was said to be the highest bidder. According to Bloomberg News, though, it seems that it has lost out to London-based equity firm Investindustrial.
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Aston Martin Confirms Investindustrial Partnership, Secures £150 Million Capital Increase
Aston Martin today confirmed that the partnership with Italian investment fund Investindustrial has been completed. Previously announced in December 2012, the deal gives Aston Martin a much-needed investment of £150 million (€177 million) in...
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Mahindra & Mahindra And A Consortium Tied To Mercedes Reportedly Bidding For Aston Martin
Earlier this month, we ran a story about Aston Martin's major stockholder Investment Dar seeking a buyer for the British carmaker. According to the report, one of the interested buyers was India’s Mahindra & Mahindra, while Toyota had...
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India's Mahindra & Mahindra Interested In Saab, Turkish Suitor Also Pops Up On The Radar
The sad story of Saab is far from over as the court-appointed administrators who are overseeing the Swedish automaker's bankruptcy are now on the lookout for possible investors to either sell parts of the brand or the company as a whole. In today's...
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Mahindra Wants To Become “india’s First Global Cult Brandâ€
M&M is not just a well-known candy but also the name of a part of the Mumbai-based Mahindra Group - an Indian conglomerate with a market value of $17.6 billion that has 119,900 employees in more than 100 countries and is involved in almost everything...
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India's Mahindra & Mahindra Seals Ssangyong Acquisition
Indian industrial giant Mahindra & Mahindra announced today that it has completed the acquisition of a majority stake in South Korea's SsangYong Motor Company, with the deal also signaling that SsangYong is no longer in court receivership. Mahindra...
Cars