London Workshop: Aston Martin

london workshop: Aston Martin, which was founded in a small London workshop in 1913 and has expanded to become one of the world's biggest sports car brands, has been debating whether to float its shares in London or New York, according to The Guardian. Aston Martin Valkyrie preview A car to bring on a fit of the vapours' Martin Love Read more Aston Martin aims to publish a prospectus including full details of the share sale on 20 September. The luxury carmaker announced plans to sell about 1bn worth of shares in the initial public offering IPO which chief executive Andy Palmer described as a key milestone in the company's history. Eligible employees and customers of the carmaker will be able to apply to buy shares at the offer price. Palmer has said that Brexit is not a huge concern for the company as it sells relatively few cars into continental Europe and is also used to dealing with tariffs in most of its export markets. The flotation will be a big test of the appetite of investors to back British companies, as very few large IPOs are expected before the UK is scheduled to leave the European Union in March 2019. (news.financializer.com). As reported in the news.