Aston Martin at centre of bid war after M&M offer
Milan/Mumbai: Aston Martin stands at the centre of an international takeover battle after Mahindra and Mahindra trumped an Italian bid for half of the British luxury car maker.
Italian private equity fund Investindustrial reached an agreement on Thursday with the owner, Kuwaiti investment house Investment Dar, but Mahindra and Mahindra made a higher offer on Friday, leaving the fate of the 98-year-old icon of British motor engineering hanging in the balance, sources familiar with the discussions said.
Aston Martin makes the cars immortalised by James Bond films down the decades in Gaydon, Warwickshire, the heartland of England's early 20th century motor manufacturing heyday.
The company was sold in 2007 by U.S.-based Ford Motor Co. for 479 million pounds, to Kuwait's Investment Dar and another Kuwait fund, Adeem Investment Co.
BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.
Date 23-02-14, Duration 1:43, Views 44484
Date 23-02-14 1:43
Tooltip Information:AAP's alliance with Cong. a suicide: BJPVideo by:Description: BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.Rating: 3.26Views: 44484
Date 26-04-14 4:34
Tooltip Information:Ramdev says Rahul goes to Dalit houses for picnics, Cong. reactsVideo by:Description: Yoga guru Baba Ramdev made a shocking statement on Friday that Congress vice President Rahul Gandhi goes to Dalit houses for picnics and honeymoon. Ramdev who is supporting the BJP in the Elections 2014 made the objectionable comments during a press conference in Lucknow. He attacked Rahul Gandhi's 'single' status saying that Rahul wanted to marry a foreigner but was stopped by his mother Congress Chief Sonia Gandhi. He further went on to say that Sonia Gandhi asked Rahul not to get married until he becomes the prime minister. Meanwhile, the Congress party has condemned the statement.Rating: 4.52Views: 9588
Date 11-04-14 3:09
Tooltip Information:CNN-IBN and Microsoft Analytics Center for LS 2014 ElectionVideo by:Description: Largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to set up an elections analytics center to help decode the Indian electionsRating: 4Views: 3103
Date 10-04-14 0:55
Tooltip Information:Microsoft and CNN-IBN Join Hands to Analysis the LS 2014 Polls TrendsVideo by:Description: World's largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to analyse the Lok Sabha elections 2014 trends.Rating: 4Views: 2604
Date 8 hrs ago 1:03
Tooltip Information:It's my turn to play 'Sherlock': Ian MckellenVideo by:Description: New Delhi, July 28 (ANI): Ian Mckellen recently spoke up on playing ' Sherlock' in the upcoming movie ' A Slight Trick Of My Mind', which is based on the 2005 book by Mitch Cullin. He said that till date, more than 70 actors had the privilege to play the iconic role, but now it was 'his turn', a leading daily reported. The book portrays a 93-year-old version of Holmes, who is eager to solve one last case but without his trusty sidekick Dr Watson.Rating: 4Views: 6
Date 8 hrs ago 1:13
Tooltip Information:I want to challenge myself as an actor, says Daniel RadcliffeVideo by:Description: New Delhi, July 28 (ANI): Daniel Radcliffe recently revealed at his Comic-Con appearance that he seeks out sensible stage and films in order to send a message to people that he wants to challenge himself as an actor. He said, while promoting his dark horror movie 'Horns' at the event, that he wanted to last as an actor, which's why he was determined to prove that he has a career after Harry Potter, an online portal reported.Rating: 4Views: 7