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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Source URL: http://automotivetrendnews.blogspot.com/2008/06/aston-martin-to-go-public-in-london.html
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