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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Aston Martin sells assets and trading rights amid 30pct sales drop

Posted on 07 October 2010

From Guardian: Kuwaiti sovereign wealth fund Investment Dar has sold off some of the Warwickshire-based car maker’s land and buildings, the distribution rights to sell cars in the Middle East and North Africa and the right to use the name in merchandise such as clothing.
Investment Dar bought a majority stake in company from Ford for about £500m in 2007, using a £200m loan from WestLB bank which is repayable in 2015……………………………………….Full Article: Source


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