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Tuesday, June 10, 2008

Aston Martin to go public in London stock market


If you can�t afford an Aston Martin - worry not. Soon enough you�ll be able to own a piece of the company. According to Aston�s chairman, the company is in the process of going public within the next three years on the London Stock Exchange.

The listing could have a value at around �500m and will help fund the next round of expansion.

�We will look towards a partial IPO,� said Richards. �It would be for the next level of investment to finance the next models and fund engine development work where clearly there�ll be a requirement for further investment.�
via egmcartech.com


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