Aston Martin Preparing For Initial Public Offering In 2018

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.

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  • Bash

    Just a typical way for raising quick money.

  • Philip George

    It’s surprising BMW Group haven’t explored buying Aston Martin. For one, AM is a sporting/performance brand assigned with luxury and would’ve help BMW Group better compete with Ferrari and also VW Group’s Lamborghini, Bentley, Porsche. $4bn price tag should be a bargain for BMW when they can easily share a lot of their engines, components, platform and tech into the AM cars to achieve economies of scale. They need a performance luxury brand like Asron Martin to tuck in between the regular BMW cars and their power luxury brand – Rolls Royce

    • Mark Hawthorne

      The link with M-B is impossible to sever in the mid-term (think 7-10 years) because the technology is so imbedded. BMW and M-B have such an ingrained rivalry that they would never buy a brand that would require this level of cooperation to re-engineer the product line-up. BMW is also not interested in a loss-making “flagship” sports brand. Don’t believe the “we’re making a profit” hype. AM will never make any significant money and to properly develop its product line-up will cost an enormous amount of money. M-B is really the only OEM that could take on AM and it’s very doubtful they want it (or they’d have bought a larger stake already).