Could Ford's sale of Aston Martin be to the existing management after all?
After Ford had publicly poo-poo'ed the idea of a management buy-out, Aston Martin's boss, Dr Ulrich Bez, recently told the German newspaper Frankfurter Allgemeine Zeitung that he's secured the cash for just such a move. The FAZ reckoned the sale price at £1 billion.
Bez is also reported to have said that the sale could go through by the end of 2006, with Ford retaining a minority stake of 10 per cent.
Read Article