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Aston Martin weighing up Stroll & Geely's £200m bids

Aston Martin has convened a board meeting with two parties, including Racing Point owner Lawrence Stroll, ready to put down £200m for a 20 percent stake in the company. Aston Martin is by all accounts a troubled sportscar brand, resulting in the company desperately requiring a financial injection. Stroll has stepped forward as too has Chinese company Geely Automobile Holdings. According to the Financial Times, Aston Martin could decide as early as Friday who has the winning bid. Both parties have agreed to put down £200 million for a 20% stake while also saying they would invest more money immediately. All Aston Martin has said on the matter is that it 'remains in discussions with...
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2y ago from PlanetF1.com 0
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