💨 Abstract

Aston Martin will raise over £125 million through chairman Lawrence Stroll's investment and sale of Formula One team stake. The carmaker has been impacted by supply chain issues, delivery delays, and depressed demand in China. Stroll's Yew Tree Consortium will purchase 75 million shares, increasing his stake to about 33%. Yew Tree aims to raise its stake further to up to 35%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖