Shares of Aston Martin surged 13% after announcing plans to raise over £125 million through funding from Chairman Lawrence Stroll’s investment vehicle and selling a minority stake in the Formula One racing team. Yew Tree Consortium, led by Stroll, will increase its stake to roughly 33% from 27.7%, with the company also intending to sell its minority investment in the Aston Martin Aramco Formula One Team to raise at least £74 million. The move aims to strengthen the balance sheet and provide support for future product innovation and business transformation, boosting confidence in the company’s sustainable profitability.
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Sammy Sosa returns to Wrigley Field for first time in more than two decades
CHICAGO — Legendary Cubs slugger Sammy Sosa returned to Wrigley Field for the first time in over 20 years before a game against the Seattle Mariners, where he was greeted by owner Tom Ricketts. Now 56 and set for induction into the Cubs' Hall of Fame, Sosa, a seven-time All-Star with 545 home runs, acknowledged past mistakes regarding performance-enhancing drugs during his career. Need More Context? 🔎
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