PrancingHorse

Mahindra approached to buy Aston Martin

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After Tata Motors picking up JLR few years ago, another iconic British marque may also come under India ownership. According to news on bloomberg.com, Aston Martin’s controlling shareholder, Investment Dar Co., has approached potential buyers for the maker of luxury sports cars featured in James Bond movies, said five people with knowledge of the matter.

The Kuwaiti company, which owns 64 percent of Gaydon, U.K.- based Aston Martin, has hired Rothschild to advise on the sale, said one of the people, who asked not to be identified because the talks are private. Mahindra & Mahindra Ltd. (MM), the Indian automaker, is among potential suitors Investment Dar has approached in recent few months, two of the people said.

Source and full story here : http://www.bloomberg.com/news/2012-11-09/aston-martin-owner-said-to-approach-suitors-for-carmaker.html

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Well another jewel in Mahindra's crown, if this goes through. But puhleeezz Mahindra, dont put up something like

"Aston Martin Vanquish by Mahindra" or something on those supercars!

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