Aston's bond holders are told talks regarding a deal are underway; reports suggest Mahindra &Mahindra is favourite to land 250m deal for 40 per cent of the company Aston Martin has confirmed that it is in advanced talks with investors for an equity injection. A document sent to bond holders in the firm today reported: Aston Martin, with the support of its shareholders, confirms that discussions are at an advanced stage to secure a capital increase which will ensure it can deliver its medium and long-term growth plans. Zarówno indyjskiego konglomeratu Mahindra & Mahindra i włoski wykupu firmy inwestycji przemysłowych są zgłaszane do być walczących do inwestowania w Aston, z byłej oferuje znacznie większy zastrzyk gotówki, a drugi oferuje mniej wsparcia finansowego, ale partnerstwo techniczne oraz Mercedes AMG. Initial reports suggested that Invest Industrial were favourites to secure the 250m deal, ale sources now suggest that Mahindra &Mahindra has moved ahead in negotiations and is the favoured partner. The winning bidder is expect to own 40% of the company and have 50% of the voting rights. Analitycy finansowi alarmują, że dopuszczenie do posiadaczy obligacji, że rozmowy są w toku sygnały że kontrakt może być bliskie i może być zawarta w ciągu tygodnia. Aston's bond holders are told talks regarding a deal are underway; reports suggest Mahindra & Mahindra is favourite to land 250m deal for 40 per cent of the company Aston Martin has confirmed that it is in advanced talks with investors for an equity injection. A document sent to bond holders in the firm today reported: Aston Martin, with the support of its shareholders, confirms that discussions are at an advanced stage to secure a capital increase which will ensure it can deliver its medium and long-term growth plans. Both Indian conglomerate Mahindra & Mahindra and Italian buyout firm Invest Industrial are reported to be vying to invest in Aston, with the former offering a significantly greater cash injection and the latter offering less financial support but a technical partnership with Mercedes and AMG. Initial reports suggested that Invest Industrial were favourites to secure the 250m deal, but sources now suggest that Mahindra & Mahindra has moved ahead in negotiations and is the favoured partner. The winning bidder is expect to own 40% of the company and have 50% of the voting rights. Financial analysts are reporting that the admission to bond holders that talks are underway signals that a deal is likely to be imminent, and could be concluded within a week.
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