Private equity bidders eye Aston Martin

Private equity groups Permira and Alchemy Partners and U.S. buyout firm Texas Pacific are planning bids of up to 500 million pounds ($954 million) for Ford's Aston Martin unit, the Sunday Telegraph said in an unsourced report.

In August, Ford said it was trying to sell the luxury brand made famous in James Bond films - reports Reuters.

The newspaper said no trade buyers had yet expressed an interest in Aston Martin ahead of a first-round bidding deadline at the end of November.

Another bidder is former Ford Chief Executive Jacques Nasser, now a partner at JPMorgan Chase's private equity arm One Equity Partners, the newspaper added.

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