Automakers

Aston Martin boosts capital-raising plan after market volatility

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CP
By:
COSTAS PITAS
|
R
By:
Reuters
March 13, 2020 08:00 PM

LONDON - Aston Martin is increasing a capital-raising plan of up to 500 million pounds ($617 million) by 36 million pounds ($44 million) due to the coronavirus outbreak which will now see a consortium led by Canadian billionaire Lawrence Stroll take a roughly 25 percent stake in the company.

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