Posts tagged: Aston Martin

Billionaire Bertarelli and Toto Wolff buy stakes in Aston Martin...

Friday, 17 April 2020, 3:30 pm

Aston Martin has been a dog of stock since its flotation eighteen months ago but that hasn't stopped billionaires quietly accumulating stakes in the business.

The latest to gobble up the shares in the luxry marque are Swiss-Italian billionaire Ernesto Bertarelli and Totto Wolff, the Austrian investor, former racing driver and 30pc shareholder in the Mercedes Formula One team. Below are the links:..

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Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino

Friday, 13 March 2020, 6:49 pm

Market turbulence and fears over a recession is clearly hitting dealmaking. Today, for example, Aston Martin and Lawrence Stroll have re-cut the fundraising deal with the Tommy Hilfiger tycoon as the embattled carmaker needed an extra £20 million.

Stroll, though, is getting a better deal with his consortium partners receiving 25pc of the company in return for £171m at a price of £2.25 per share...

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