Investindustrial likely to announce Aston Martin deal
India's Mahindra and Mahindra was believed to have made a higher offer.
New Delhi: Italian private equity fund Investindustrial that was widely reported to have made an offer of nearly 250 million pounds for Aston Martin is expected to announce the deal on Friday, a news wire has reported.
Citing sources, the wire said that most likely there would be an announcement however the sources have not mentioned further details.
India's Mahindra and Mahindra was believed to have made a higher offer, however the auto major reportedly pulled out later owing to the brand's financial baggage.
With Agency Inputs