Aston Martin Confirms Talks with Investors

Aston Martin Lagonda Ltd. says it is in advanced negotiations with potential investors about a capital infusion to fund the brand's medium- and long-term growth plants.

Kuwait-based Investment Dar, which owns 64% of Aston Martin, denied earlier this week that it was holding such talks.

News reports say London-based private equity firm Investindustrial and Indian SUV maker Mahindra & Mahindra Ltd. are vying to buy a 50% voting stake (40% equity ownership) in the British brand. Investindustrial has reportedly bid 250 million (€309 million).

Buying a stake from Investment Dar, which is trying to repay debt, would not directly funnel money into Aston Martin's coffers. But the new investor could promise to also inject fresh capital.