It's now official.
Aston Martin Sale Confirmed - The Car Connection
Aston Martin Sale Confirmed
Consultants confirm buyout by Richards.
Aston Martin is being acquired by a group of investors that includesDavid Richards, CEO of racing's Prodrive and Chairman of Aston Martin Racing, and two Kuwaiti banks.
The deal was announced on Monday in Gaydon, U.K. The banks, advised by former Merrill Lynch analyst John Casesa and investment bankers Jefferies & Company, will leave Ford with a 15-percent stake in the company.
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