💨 Abstract

Aston Martin plans to raise over 125 million pounds ($161.9 million) through investments from Chairman Lawrence Stroll's investment vehicle and the sale of its Formula One team stake. Stroll's stake will increase to about 33%, and he may further increase it to 35%. The company expects "modest growth" in car volumes, lowering its earlier forecast of mid-single digit percentage growth.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖