Italian fund buys 37.5% stake in Aston Martin

Italian fund buys 37.5% stake in Aston Martin

Italian private equity fund Investindustrial has bought a 37.5 percent stake in legendary British carmaker Aston Martin, the companies said in a joint statement on Friday.

“Investindustrial is investing 150 million pounds (186 million euros, $240 million) in Aston Martin in the form of a capital increase for a 37.5-percent stake,” they said in a statement.

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