Radiocor News

Aston Martin denies takeover talks with Saudi wealth fund

(Il Sole 24 Ore Radiocor) - Milano, 14 nov - The UK sports car manufacturer Aston Martin said it was not in talks with Saudi Arabia's sovereign wealth fund about being taken private.

Earlier today the Financial Times cited three sources saying Aston Martin chairman Lawrence Stroll had explored selling the company to Saudi Arabia's Public Investment Fund.

The fund currently holds around 17% of the carmaker.

"Aston Martin are not in talks with PIF about being taken.

private," the company said in an emailed statement.

(RADIOCOR) 14-11-25 13:59:06 (0372) 5 NNNN

 


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