Posts tagged: Aston Martin

Formula One champion Vettel said to eye stake in Aston Martin, reports suggest - Part 2

Thursday, 8 October 2020, 10:01 pm

So, it would appear Sebastian Vettel has actually bought a stake in Aston Martin, according to the Formula One champion himself.

Speaking at a drivers' press conference ahead of the Eifel Grand Prix on the 11th of October Vettel said:

"If you are asking me if I have shares in the company, I have. How much? I think it’s a secondary thing and I won’t talk about."

Below is a link to a report from the press conference:..

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Formula One champion Vettel said to eye stake in Aston Martin, reports suggest

Tuesday, 6 October 2020, 6:37 pm

For many fund managers Aston Martin is the stuff of nightmares: a stock that floated in 2018 at £19.00 and now trade at just below 60p.

That's a shocking amount of "value destruction".

But there has been a frisson of excitement around the share since Canadian billionaire wheeler dealer Lawrence Stroll put together a consortium of other racing affionados (Toto Wolff) and other multi-millionaires (Swiss-Italian Ernesto Bertarelli) to refinance the iconic marque...

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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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