Aston Martin sold

12Mar07

Aston Martin sold to Prodrive

August 2006 Ford announced the plan to sell Aston Martin.
The cash was needed to restructure the Ford Motor Company.
After failing to find an interested car manufacturer Ford setteled for an investment group lead by Prodrive’s founder. Ford raised $848 million with the deal and retains a small stake of $77 million in Aston Martin.

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