Aston Martin Seeks $6.8 Billion Valuation Before Going Public

Sports Car

Anyone interested in buying a piece?

Ever since , other premium sports car companies have considered doing something similar. Aston Martin is one of them, . Today, has provided on update on that. Reportedly, Aston Martin is seeking a valuation for as much as $6.8 billion for its own IPO. The company has been having “preliminary talks” with advisers regarding the valuation including debt. But why aim for this IPO now and not earlier?

Because investors are more interested in Aston Martin now thanks to new models, specifically the DB11 and Vantage, and upcoming new product like the DBX SUV. But perhaps what’s most important is that Aston Martin is now also profitable thanks to strong 2017 sales. The company broke the 5,000-unit mark for the first time in almost a decade. Despite the talk, Aston Martin supposedly has yet to make a final decision regarding the IPO. It’s not a done deal just yet. Not surprisingly, no-one at Aston Martin is even willing to discuss the matter. “As a matter of policy, Aston Martin does not comment about speculation concerning future ownership or capital restructuring,” said company spokesman Simon Sproule.

You Might Also Like
The Chrysler Crossfire SRT-6 Is A Supercharged Bargain
The Chrysler Crossfire SRT-6 Is A Supercharged Bargain
The Greatest Turbocharged Cars Of All Time
The Greatest Turbocharged Cars Of All Time

Ever since broke the IPO news, Aston Martin 2022 bonds have risen as much as 0.2% in London, clearly a good sign. A final decision will probably be made ahead of the UK’s break with the European Union in March 2019, the same year when the production-spec DBX SUV crossover is due to arrive.

5 Things You Need To Know About The 2019 BMW X5

After driving the car for the first time, here are our key takeaways.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

One-Off Ferrari 330GT Speciale Is A 50-Year-Old Dream Come True

This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti.

Students Create 600-HP Honda Civic Hybrid Rallycross Machine

Deep Orange 9 is our kind of school project.

Is The Jaguar XE SV Project 8 Way More Powerful Than Advertised?

Jaguar claims the super sedan has 592 horsepower under the hood.

What's Hot

Related Cars

Starting MSRP
$216,500
Starting MSRP
$294,950

Related Reviews

2017 Aston Martin DB11 First Look Review:  Its Most Important Car Ever
First Look
21
2017 Aston Martin DB11 First Look Review: Its Most Important Car Ever
2018 Aston Martin DB11 V8 Coupe  Review
Model Overview
0
2018 Aston Martin DB11 V8 Coupe Review
2018 Aston Martin Vanquish S Review
Model Overview
0
2018 Aston Martin Vanquish S Review
2018 Aston Martin DB11 V12 Coupe Review
Model Overview
0
2018 Aston Martin DB11 V12 Coupe Review
2019 Aston Martin DB11 Test Drive Review: Making You Cool, Even If You're Not
Test Drive
18
2019 Aston Martin DB11 Test Drive Review: Making You Cool, Even If You're Not
ремонт квартиры в киеве

www.atrox.com.ua/sovremennyj-dizajn-interera-kvartir/

подробнее