Investindustrial Said Close to Buying Aston Martin Holding

Private equity fund Investindustrial is near an agreement to buy an Aston Martin stake to shore up the finances of the British sports-car maker, two people familiar with the matter said.

Investindustrial, based in London, has trumped Indian automaker Mahindra & Mahindra Ltd. to invest in the Gaydon, England-based automaker, said the people, who asked not to be identified discussing private negotiations. A final agreement has not yet been signed, the people said.