💨 Abstract

Aston Martin aims to raise over £125 million to combat losses and US tariffs, with funds coming from its chairman's investment and sale of Formula One team stake. The company's shares surged after the announcement. Chairman Lawrence Stroll's Yew Tree Consortium will invest £52.5 million, increasing its stake to about 33%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖