Aston Martin valuation ahead of expected IPO

Famed for its association with James Bond, the luxury British car-maker Aston Martin is eyeing a London listing later this year.

The owners are reportedly hoping for a valuation of between GBP 4bn and GBP 5bn. But investors have questioned that valuation and queried how closely it can be compared to Ferrari, which has seen its share price jump by some 160% since listing in 2016.

Julie-Anna Needham speaks to Katrien Van Hoof and Swetha Gopinath.

Smiths Group Fortum Uniper

Long-rumoured break-up candidate Smiths Group recently confirmed talks about combining its medical division with ICU Medical. Could it be the trigger that leads to a break-up of the remaining divisions?

Meanwhile, at Uniper’s AGM, a key vote has been delayed on the probe into the role of management and whether they tried to block a stake sale to Fortum. We discuss what it means for the deal.

With Julie-Anna Needham and William Cain.