Aston Martin sold to UK-led group
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Luxury car business Aston Martin has been sold to a British-led consortium for Â£470m.
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The new formula one team rose from the ashes of Jaguar Racing when the energy drink maker announced yesterday its long-awaited takeover of the British team, which was put up for sale by Ford two months ago.
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LONDON/GAYDON  - Ford Motor Co.  is selling British luxury car maker Aston Martin to a group fronted by former Benetton and BAR motor racing boss David Richards in a deal worth 479 million pounds ($925 million).
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Insurance firm Royal & Sun Alliance sells its US operations to a company set up by its management team for Â£158m.
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Ford Motor Co. F.N on Thursday said   it was trying to sell its Aston Martin luxury unit to free up   funds to invest in its other brands amid a sharp downturn in   sales.
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Ford&#39;s sale of elite sports-car maker Aston Martin is a sign of deeper troubles at the US automaker after a failed foray into luxury European brands and a loss of focus on its critical US market, said analysts.
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As we exclusively predicted earlier this week Honda has bought into British American Racing. David Richards will now stand down and Nick Fry will take over.
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UK aerospace to medical goods group Smiths buys one of the world's leading medical products manufacturers, Medex, for $925m.
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Business & money: Â· Drinks group signs Â£460m deal with Ketel OneÂ· Dutch vodka expected to cut into top seller's market
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UK media company NTL has entered into an agreement to sell its broadcast business to a consortium led by Australian firm Macquarie Communications Infrastructure Group (MCG) and other third party investors for a purchase price of â¬1.84bn.
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Ford Motor Co.  is selling  British luxury car maker Aston Martin to a group fronted by  former Benetton and BAR motor racing boss David Richards in a  deal worth 479 million pounds ($925 million).
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Ford Motor Co.  is in exclusive  talks with Prodrive, a motor racing company, over the potential  sale of the U.S. carmaker's Aston Martin luxury car unit, The  Times said on Saturday.
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MG Rover Group Ltd., the last British volume carmaker, is ``confident&#39;&#39; it will sign a 1 billion-pound ($1.86 billion) investment agreement with Shanghai Automotive Industry Corp.
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Leeds today confirmed negotiations for the takeover of the American-backed consortium led by Sebastian Sainsbury have ended - and that Elland Road is to be sold under a sale and lease back deal.
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Aston Martin could co-operate with Daimler AG's Mercedes on ventures ranging from engines to new models, the British luxury carmaker's majority shareholder, Kuwait's Investment Dar, said on Tuesday.
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Gretna striker Kenny Deuchar will be given the keys to an Aston Martin on Tuesday after the Scottish third division side's chairman said Europe's third top scorer could have his car for a week.
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Stricken British bank Northern Rock said Friday it had sold part of its mortgage book to US investment bank JP Morgan for 2.25 billion pounds (4.39 billion euros, 2.97 billion dollars) in cash.