Dar looking to dilute Aston ownership

According to Reuters Kuwait's Islamic Investment company, Investment Dar, is considering offers to sell up to 20 percent of Aston Martin.  The firm, which bought half of Aston Martin in 2007, is studying offers to sell a 10 to 20 percent stake in the carmaker on behalf of itself and some of its partners, executive vice-president Amr Abou El-Seoud said.

"We have offers ... we are in talks but the (sale) should be value-added whether financially or technically," Seoud told Reuters. "We are not considering selling and exiting."

"It (could) be a maximum 10 to 20 percent of the company to be taken out of all investors, in other words, Dar's dilution might be in 5 to 10 percent," he said.

"There is a 60 to 70 percent chance that we will reach a deal soon."

Aston Martin was bought from Ford Motor Co last year by a consortium including Formula 1 specialist David Richards and Investment Dar for 479 million pounds.


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