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.
Full Article





