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Stroll strengthens control of Aston Martin
Lawrence Stroll is solidifying his control of Aston Martin Lagonda Global Holdings as Kuwaiti investors reduce their interest in the auto manufacturer. Arabian News reports that the Canadian billionaire has solidified his control of Aston Martin Lagonda Global Holdings as Kuwaiti investors Adeem, once the largest shareholder, shrink their stake. The company confirmed in filings on Friday that the investment fund's director Amr Ali Abdallah Abou El Seoud stepped down after the group’s shares in the automaker fell below seven percent. The report adds that this is the second reshuffle at Aston; last month three board members stepped down to be replaced by five new directors allied to...
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4y ago from GrandPrix247.com
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