Investindustrial mulls reinvesting in Aston Martin after share price slump

Aston_Martin_Lagonda_PA_230X150
By Aidan Gregory
01 Jul 2019

The largest shareholder in Aston Martin, the UK luxury car maker, is considering buying another 3% of the company after its share price almost halved since its IPO on the London Stock Exchange in October last year.

Investindustrial, the Italian buyout group, said in a regulatory filing on Monday that it may make a cash offer for up to 6.84m shares, a 3% stake, at 1000p a share, to top up the 31% stake it currently owns.

At the 1000p offer price, Investindustrial is ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial