Two billionaires, Albert Frere and Bernard Arnault, want to buy the luxury brand Aston Martin, currently owned by Ford.

After Ford announced in august that they want to sell Aston Martin, now the two billionaires want to buy it. Arnault is CEO and majority share holder at LVMH Moet Hennessy Louis Vuitton, that owns the luxury brands Louis Vuitton and Fendi. Albert Frere is the president of the financial investment group Lambert from Bruxelles. Even with the profits brought by Aston Martin in the last couple of years, Ford decided to sell it due to its need of capital.

Speaking about Ford’s need of capital, the next post will show you why they need the money.