Posts Tagged ‘Kuwait’

Kuwait’s Dar sells its Aston Martin Stakes

Monday, December 15, 2008 16:51 by Arman Barari No Comments

Kuwaitis were buying a lot of British car companies in recent years, (Prodrive is their latest acquisition) but now they are realizing it was a pointless investment, because a car company should be controlled by another bigger car company, not some oil rich folks trying to blow up their money in style. So they are [...]

This was posted under category: Aston Martin, Middle East, News Tags: Aston Martin, Kuwait, market

Kuwaiti Company Buys 40% Of Prodrive

Wednesday, November 19, 2008 16:18 by Arman Barari No Comments

After acquiring some of Aston Martin‘s shares, Now Kuwait’s The Investment Dar (TID) is buying almost half of UK’s famous engineering company Prodrive. Afterall under current financial circumstances, Prodrive too needs some fresh investment to keep it going. Read More… “Our business is ultimately about helping our customers to sell cars, not only their current [...]

This was posted under category: Middle East, News Tags: Aston Martin, Hybrid Cars, Kuwait, Prodrive, racing