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Aston Martin look for investors as shares slump
Luxury British carmaker Aston Martin is in early-stage talks with potential investors about building 'longer-term relationships' which it said on Friday may or may not involve an equity investment, as part of a funding review. The Red Bull Formula 1 team title sponsor said in a statement that it was reviewing its funding requirements and various options, following reports of buyers looking at taking a stake. We reported earlier this month that Aston Martin has held meetings over recent weeks with Canadian billionaire Lawrence Stroll, other carmakers and potential investors from the Middle East, India and China. Autocar magazine reported last week that Stroll, owner of Formula 1 team Racing...
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5y ago from GrandPrix247.com
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