Deals

Aston Martin Is Considering a London IPO as Soon as Next Year

  • British carmaker could aim for valuation similar to Ferrari
  • Ferrari’s multiples would value Aston Martin at $3 billion

Aston Martin DB11

Photographer: Jason Alden/Bloomberg
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Aston Martin may consider an initial public offering as early as next year as the British maker of James Bond’s cars seeks to capitalize on the success of Ferrari NV’s listing to lure investors, people familiar with the matter said.

The century-old carmaker, whose owners include Investindustrial SpA, could list in London, said the people, who asked not to be identified because the talks are private. The company is waiting to report 2017 financial results before choosing advisers for a formal process, one of the people said. No final decisions have been made, and the company could decide to postpone the plans, they said.