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Aston Martin to raise £210 million from its backers to cut debt

The British luxury-car maker plans to raise $270 million for electrification

Bloomberg News

Aston Martin Lagonda Global Holdings Plc plans to raise £210 million ($270 million) by selling new shares as the British luxury-car maker looks to pay back high-interest debt and raise funds for its electrification strategy. Major shareholders including Chairman Lawrence Stroll’s Yew Tree consortium, Saudi Arabia’s Public Investment Fund, Geely International and Mercedes-Benz Group AG […]

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