Aston Martin sold: Ford gets $931 million in Primrose Cove deal

Ford has received a massive $931 million for the sale of Aston Martin, they sold this UK GT maker earlier this year many believed that Ford had actually wanted $965 million for the company, but Ford later said that they revised this price to $870 million.

The $931 million was not just a cash deal, but a payment also came in the way of preferred stock in Primrose Cove Ltd, they are the holding company for the group of investors who purchased Aston Martin. There are many investors who now have a slice of this great British GT car maker, you have Investment Dar and Adeem Investment Co, these are investment firms in Kuwait, John Sinders a banker and finally David Richards who it the boss of Prodrive.

Although many though that Ford would make a loss by selling Aston Martin, the car maker actually made a pretax gain of $187 million.

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