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Aston Martin Planning $6.7 Billion IPO

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LONDON -- Aston Martin is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from its public stock offering and has taken steps to prepare for any eventuality over Brexit, it said on Thursday. The company said last month it was pursuing an initial public offering (IPO), the first British automaker to do so for decades. The automaker will publish a prospectus later on Thursday and hopes to announce its final pricing on or around Oct. 3. It expects its shares to be admitted to the London Stock Exchange on or around Oct.

Added on the 20/09/2018 06:53:27 - Copyright : Wochit

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