[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