Re: Japanese Car Syndrome - You Won't Remember!
Originally Posted by
Besoeker
->
Aston Martin Lagonda Global Holdings plc is a
British independent manufacturer of luxury sports cars and grand tourers.
That OK for you?
Hi
Nope., owned by foreign companies
We note that hedge funds don’t have a meaningful investment in Aston Martin Lagonda Global Holdings. The company’s largest shareholder is InvestIndustrial, with ownership of 27%, The second largest shareholder with 9.8%, is Najeeb Al Humaidhi, followed by Invesco Ltd., with an ownership of 9.1%.
In March this year things changed
NEWS
by Mark Tisshaw
3 mins read
30 March 2020
Aston Martin claims it now has the funding to last at least the next 12 months as part of a new investment into the company that will also result in it entering a works Formula 1 team in 2021.
In a series of announcements this evening (30 March), Aston Martin has now formally confirmed that Racing Point F1 team owner Lawrence Stroll will take over as executive chairman on 20 April. A rights issue has raised £536 million and a further £150m will be made available to the company.
That investment will allow Aston to put the DBX SUV into production imminently after the new St Athan facility returns to operation after its Covid-19-enforced shutdown last week, subject to any delays in the production chain. The first customer deliveries are planned this summer, should the supply chain function as anticipated.
Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake of 14.99% in Aston Martin as of May 29, compared with its previous stake of 19.92%. It was not immediately clear why the fund cut its stake.
Investindustrial is the company's second-biggest shareholder after Canadian billionaire Lawrence Stroll, according to Refinitiv Eikon data.
Bentley, Rolls and Aston manufacture here, they are not British, they are all foreign owned.