Aston Martin admits in 'advanced' talks

Aston Martin CFO confirms investment talks on luxury car maker after weeks of denials, according to debt investors

Aston Martin has admitted to bond holders that it is in “advanced” talks with investors over an equity injection into the business after weeks of denials by its owner that a stake sale is underway.

In a presentation pack for its third quarter results sent to debt investors today, the company said: "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," according to extracts seen by Private Equity News.

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