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Old 20-09-2018, 02:50 PM
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Thumbs up Aston Martin Seeks Ferrari-Like $6.7 Billion Valuation in IPO

An honorable member of the Coffee Shop Has Just Posted the Following:





Aston Martin filed for an IPO in London that would value the maker of luxury sports cars as high as 5.1 billion pounds ($6.7 billion), seeking a multiple that would approach rival Ferrari NV.

The James Bond carmaker will sell a 25 percent stake at between 17.50 pounds and 22.50 pounds per share, it said Thursday in a statement. Trading will begin on the London Stock Exchange in October.

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Aston Martin Seeks Ferrari-Like $6.7 Billion Valuation in IPO


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