Posted Nov 9th 2012 7:00PM
Just last month, we heard rumours of a possible collaboration between Lotus and Aston Martin, but while we assumed this meant trouble for the Malaysian-owned Lotus, it could have been Aston Martin reaching out looking for a buyer. Businessweek reports five unnamed sources have stated that Investment Dar, Inc., the Kuwaiti-based majority shareholder of Aston Martin, has been reaching out to potential buyers for the luxury brand.
It sounds like the leading candidate for a buyer so far is Mahindra & Mahindra Ltd., but the hold up so far might be the money Investment Dar is looking to get out of its stake. Having agreed to restructure its US$4.9 billion worth of debt, the article says that Investment Dar, holding 64 per cent of Aston Martin's shares, is looking to sell its stake for US$800 million which compares to the US$925 million total price Aston Martin was acquired from Ford Motor Company back in 2007.
Interestingly, Businessweek also reports that Toyota recently looked into acquiring a share of Aston Martin, but there is no definitive word as to the outcome yet.
Hit the jump to watch our most recent review of the Aston Martin V8 Vantage.
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