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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St Johns Rd homicide: Court appearance for youth, 16, charged with murder, woman, 32, also arrested
A 16-year-old appeared in court charged with aggravated robbery and murder after the death of Kyle Whorrall. Whorrall, a 33-year-old PhD student, was attacked at an Auckland bus stop. A 32-year-old North Shore woman has also been charged with being an accessory after the fact to murder. The teenager accused of murdering 33-year-old American entomology student Kyle Whorrall has been remanded in custody. He appeared in the Auckland District Court today charged with aggravated robbery...
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