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A consortium led by Prodrive chairman David Richards purchased Aston Martin for £475m (US$848m)

Monday 12th March 2007

A consortium led by Prodrive chairman David Richards purchased Aston Martin for £475m (US$848m). The group included American investment banker John Singers and two Kuwaiti companies namely Investment Dar and Adeem Investment; Prodrive had no financial involvement in the deal. Ford kept a stake in Aston Martin valued at £40 million (US$70 million).

Nigel Freestone

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