Aston Martin close to IPO on the London Stock Exchange
Channel: Travel Oke Oce
Date: 2018-09-01

According to a report from Sky News, Aston Martin is close to announcing plans to go public with an IPO on the London Stock Exchange. A listing on the New York Stock Exchange has also reportedly been considered. In December of last year, news broke that the company's owners had hired financial advisory firm Lazard to prepare for a potential offering.

The report suggests that the British automaker is looking at an offering of $1.29 billion (£1 billion) in shares and an overall company valuation of around $6.44 billion (£5 billion). An Intention To Float statement could be filed as early as next week, says Sky.
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