Former Ducati Owner Investindrustrial Rumored to Beat Mahindra in Securing Aston Martin Share

Reports about Aston Martin major shareholder Investment Dar looking to offload a stake in the British sports car maker in order to secure much-needed funds, have been circulating since early November.

Mahindra & Mahindra, which last year acquired Korean SUV maker SsangYong, was said to be the highest bidder. According to Bloomberg News, though, it seems that it has lost out to London-based equity firm Investindustrial.

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Mahindra & Mahindra and a Consortium Tied to Mercedes Reportedly Bidding for Aston Martin

Earlier this month, we ran a story about Aston Martin's major stockholder Investment Dar seeking a buyer for the British carmaker. According to the report, one of the interested buyers was India’s Mahindra & Mahindra, while Toyota had ordered a preliminary analysis, but didn’t proceed to a full-on evaluation.

All of the aforementioned parties either refuted the story or declined to comment; but then that’s usually the case with such transactions.

Now, The Financial Times is reporting that Investment Dar is currently in talks with the final bidders for a 50 percent stake in Aston Martin, citing four sources familiar with the subject.

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