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Stroll's stake in the company is poised to increase to roughly 33% from about 27.7% as part of the transaction.
Aston Martin To Raise Over $162 Million Through F1 Team Stake Sale And Stroll’s Increased Investment
Aston Martin will raise over $162 million through the sale of its stake in the F1 team and funding from its chairman, Lawrence Stroll, to counter losses and President Donald Trump's tariffs.
Aston Martin returned to the Formula 1 grid in 2021 after F1 team owner Lawrence Stroll, who had initially brought the Force India racing team, acquired a 16 per cent stake in the Aston Martin car ...
Aston Martin team boss Lawrence Stroll has reassured fans that the sports car brand will stay in F1 for decades, despite the sale of ownership stakes. According to an announcement Monday ...
Aston Martin (OTCPK:AMGDF) Monday said it would raise more than 125 million pounds ($161.9 million) through funding from Chairman Lawrence Stroll's investment vehicle and the sale of its minority ...
Lawrence Stroll will increase his shareholding in the Aston Martin Formula 1 team. Stroll plans to raise his stake by £52.5m, City AM reported. His Yew Tree Consortium is attempting to acquire ...
Shares of Aston Martin jumped as much as 13% on Monday after the British luxury carmaker said it will raise more than £125 million ($161.7 million) through funding from Chairman Lawrence Stroll's ...
Aston Martin will raise more than GBP74m through funding from its chairman and the sale of its stake in the Formula One team he owns, as the luxury carmaker tackles rising losses. Lawrence Stroll ...
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