View Single Post
Old 01-07-2022, 04:39 AM #1
arista's Avatar
arista arista is online now
Senior Member
 
Join Date: May 2006
Posts: 186,929
arista arista is online now
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 186,929
Default Saudi Arabia’s Public Investment Fund is in talks with Aston Martin

[Saudi Arabia's Public Investment Fund
is in early talks with
British luxury carmaker Aston Martin (AML.L)
about taking a stake in the business
that could be worth
200 million pounds ($243.5 million),
the Financial Times reported on Thursday.

Shares in Aston Martin, which had fallen
as much as 20% to a record low on Thursday,
trimmed losses to trade 9% lower by 1502 GMT
after the group stopped short of confirming
or denying the media reports.
Aston Martin instead said it regularly keeps
its funding options under review.
]



https://www.reuters.com/markets/euro...ft-2022-06-30/


https://www.ft.com/content/58f8ae6c-...5-df2c4bac90b4


[Founded 15 January 1913; 109 years ago]
https://en.wikipedia.org/wiki/Aston_Martin



To stay afloat
Saudi Arabia
may be their best hope.




Life In the City

Last edited by arista; 01-07-2022 at 04:41 AM.
arista is online now