100 Hot Cars

Just Car Blog

Aston Martin Might Be Going Public On The Stock Market 14
Jan
Posted by Joel V. Patel in ASTON MARTIN, Aston Martin DB11, Aston Martin Vantage, IPO, Reports, SUV on 01 14th, 2018


Aston Martin has plans to file for an initial public offering (IPO) later this year, targeting a valuation of approximately $6.8 billion (£5 billion), Bloomberg News reports, citing unnamed sources.

According to those sources, the British automaker reportedly held preliminary discussions with advisors about a valuation for the company, including its debt. Aston Martin’s future plans that include SUVs, starting with the DBX, has investors interested in looking into an IPO this year. The automaker has plans to enter the booming segment in 2019.

In terms of sales, Aston is coming off of a strong year, as it passed the 5,000-unit mark for the first time since 2008. Most of the sales came from the V12-powered DB11, but the recently launched all-new Vantage and the upcoming DBX crossover will surely give the brand a serious boost.

Things are still in the air, though, as the automaker could go in a different direction. When the news agency asked Aston Martin for a comment, the automaker was non-committal: “As a matter of policy, Aston Martin does not comment about speculation concerning future ownership or capital restructuring.”

Well, floating some of your shares has worked wonderfully for Ferrari and FCA, so we can’t see any reason why Aston wouldn’t go down the same route if they decide to raise some extra capital.

Photo Gallery



Aston Martin Might Be Going Public On The Stock Market 14
Jan
Posted by Joel V. Patel in ASTON MARTIN, Aston Martin DB11, Aston Martin Vantage, IPO, Reports, SUV on 01 14th, 2018


Aston Martin has plans to file for an initial public offering (IPO) later this year, targeting a valuation of approximately $6.8 billion (£5 billion), Bloomberg News reports, citing unnamed sources.

According to those sources, the British automaker reportedly held preliminary discussions with advisors about a valuation for the company, including its debt. Aston Martin’s future plans that include SUVs, starting with the DBX, has investors interested in looking into an IPO this year. The automaker has plans to enter the booming segment in 2019.

In terms of sales, Aston is coming off of a strong year, as it passed the 5,000-unit mark for the first time since 2008. Most of the sales came from the V12-powered DB11, but the recently launched all-new Vantage and the upcoming DBX crossover will surely give the brand a serious boost.

Things are still in the air, though, as the automaker could go in a different direction. When the news agency asked Aston Martin for a comment, the automaker was non-committal: “As a matter of policy, Aston Martin does not comment about speculation concerning future ownership or capital restructuring.”

Well, floating some of your shares has worked wonderfully for Ferrari and FCA, so we can’t see any reason why Aston wouldn’t go down the same route if they decide to raise some extra capital.

Photo Gallery



Aston Martin Preparing For Initial Public Offering In 2018 19
Dec
Posted by Brad Anderson in ASTON MARTIN, IPO, Reports on 12 19th, 2017


Aston Martin is reportedly preparing for a stock market listing or sale in the latter half of 2018.

Reuters reports that the key owners of Aston Martin, equity fund Investindustrial and Kuwaiti investors, who own 90 per cent of the British marque, have hired investment bank Lazard to commence work on a preliminary plan for an initial public offering (IPO) or a trade sale in the third or fourth quarter of 2018.

It is thought that either move could see the marque valued at between 2 and 3 billion pounds ($4 billion).

Neither Investindustrial, Aston Martin, Lazard, or one of the Kuwaiti investors have commented on the possibility of an IPO or sale.

Aston Martin chief executive Andy Palmer has previously said that an initial public offering could be worth the consideration of shareholders before the brand’s current turnaround plan is completed in 2022.

PHOTO GALLERY







 Category



 Blogroll