Reuters - Aston Martin in Takeover Battle

Aston Martin stands at the center of an international takeover battle after Indian motors group Mahindra trumped an Italian bid for half of the British luxury car maker, Reuters wrote Monday. Italian private equity fund Investindustrial reached a agreement on Thursday with the owner, Kuwaiti investment house Investment Dar, but Mahindra made a higher offer on Friday, leaving the fate of the 98-year old icon of British motor engineering hanging in the balance, sources familiar with the discussions said.

DealsNorth AmericaUSBriefs