Moneycontrol PRO

business

M&M-Aston Martin deal expensive: Fortune Equities

Mahantesh Sabarad, Fortune Equity Brokers, says that the valuation is a concern because the deal is not cheap. It is between 2-3 times in terms of EV/sales. Secondly, despite putting in money Mahindra may not have an operational control over Aston Martin.

first published: Nov 26, 2012 03:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347