20-09-2018 08:29 via uk.news.yahoo.com

Aston Martin aims for £5 billion October IPO

Luxury British carmaker Aston Martin said on Thursday it was seeking a valuation of up to 5.07 billion pounds as it set a price range of 17.50 pounds to 22.50 pounds per share for its stock market flotation.The company, famed for making the sports car driven by fictional secret agent James Bond, said last month it was pursuing an initial public offering (IPO), the first British carmaker to do so for decades.It expects its shares to be admitted to the London Stock Exchange on or around Oct. 8.
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