Price-driven: Aston Martin lowers target ahead of IPO in London
Aston Martin pared back its supercharged stock-market ambitions ahead of a planned initial public offering this week, lowering the top end of its targeted range by about 11pc.
The new goal is £18.50-20 (€20.80-22.55) per share. Previously, it had set a range of £17.50 -22.50, as it seeks a valuation higher than its only listed rival, Ferrari. Trading is set to begin on October 3 on the London Stock Exchange.
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