Posts tagged: Lawrence Stroll
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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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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Saturday, 14 December 2019, 10:33 am
So, it would appear Autocar was heading in the right direction with its scoop about Lawrence Stroll eyeing a strategic stake in London-listed Aston Martin.
Below are links to a statement from the company and the Financial Times scoop that triggered the announcement...
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Thursday, 5 December 2019, 11:55 am
Hat tip to Jim Holder of Autocar for landing a cracking tale about Lawrence Stroll's attempt to buy a stake in Aston Martin. Below is a link to the Autocar scoop about Lawrence Stroll, who is the billionaire father of Formula One racing driver Lance Stroll:..
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