Aston Martin reportedly planning $6.4 billion IPO
August 28, 2018 at 13:30 PM EDT
After months of speculation and rumors about an IPO, privately-held Aston Martin will announce tomorrow that it will list shares on the London Stock Exchange before the end of the year, according to Sky News. While the valuation has yet to be determined, Sky said the carmaker is selling $1.29 billion (1 billion pounds) in shares that would value the company at around $6.44 billion (5 billion pounds).