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Aston Martin Still Weighing London IPO, CEO says

  • New York could offer better value and trade sale a possibility
  • Brexit no huge threat but company worried about border delays
Attendees view an Aston Martin DBS Superleggera automobile, manufactured by Aston Martin Lagonda Ltd., on display during its world premiere launch in London.
Photographer: Chris Ratcliffe/Bloomberg

Aston Martin hasn’t yet decided on an initial public offering in London, and a listing in New York or sale of stock to a private investor remain under consideration, the luxury carmaker’s chief executive officer said.

Should Aston Martin opt for an IPO, the company must weigh the greater knowledge of its “heritage and story” among potential U.K. investors against the advantages of listing in the U.S., where rival Ferrari NV successfully sold shares in 2015, CEO Andy Palmer said in an interview.