Actions of luxury pop cars for cash gathering plans


The Aston Martin car logo is visible at the 14th annual exotic Yorkville Exotic Car on Fathers Day, June 16, 2024 in Toronto, Ontario.

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Great Britain's actions Aston Martin He jumped 13% on Monday after a luxury car manufacturer he said It will collect over 125 million pounds (161.7 million dollars) thanks to financing from the investment vehicle chairman Lawrence Stroll and the sale of minorities in the Formula 1 racing team.

The Consortium Yew Tree, an investment vehicle driven by a Canadian billionaire walk, pays about 52.5 million pounds to increase their shares in British car manufacturers.

The share of a walk in the company is ready to increase to around 33% from around 27.7% under the transaction.

Aston Martin, is famous for both his role in the films of James Bond and the history of financial ups and downs, he also said that he intends to sell his minority investment in Aston Martin Aramco Formula 1 to collect at least 74 million pounds.

Aston Martin shares jumped 13% before slightly profits to exchange by 10.3% higher than 10:50 time in London (5:50 et). Shares on the London Stock Exchange fell by about 39% to a year.

“This support of Lawrence and his partners Consortium Yew Tree emphasizes their huge trust in our team and the future of the company,” said Aston Martin General Director Adrian Hallmark in a statement.

“By strengthening the balance sheet, this investment provides additional space to support our future product innovations and business transformation that combines, accelerates our progress in being a balanced company,” he added.

Lawrence Stroll from Canada and the Aston Martin Aramco F1 team appear on Pit Lane in front of the Australian F1 Grand Prix at Albert Park Circuit in Melbourne, Australia, March 15, 2025.

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Aston Martin announced Plans last month limiting 170 jobs, about 5% of the global workforce, after terror in the fourth quarter.

Stroll said on Monday that he was pleased to emphasize his “unwavering support and commitment” in Aston Martin, after investments by about 600 million pounds in the company since 2020.

“This proposed investment further emphasizes my belief in this extraordinary brand and commitment to providing Aston Martin with having the strongest possible platform for creating a long-term value while reducing the dilution of capital by this premium subscription, which should significantly calm my shareholders, because I again increase my long-term ownership in the company.”



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