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Aston Martin at centre of Italian-Indian bid war


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A new V12 Zagato model car is displayed on the Aston Martin booth during the first media day of the Geneva Auto Show at the Palexpo in Geneva in this March 6, 2012 file photo. Aston Martin stands at the centre of an international takeover battle after Indian motors group Mahindra trumped an Italian bid for half of the British luxury car maker. Italian private equity fund Investindustrial reached an agreement on November 22, 2012 with the owner, Kuwaiti investment house Investment Dar, but Mahindra and Mahindra made a higher offer on November 23, 2012, leaving the fate of the 98-year old icon of British motor engineering hanging in the balance, sources familiar with the discussions said. REUTERS/Denis Balibouse/Files