Yew Tree Consortium to invest additional $67.98 million in Aston Martin

Published 31/03/2025, 07:42
© Reuters.

Investing.com -- Aston Martin (LON:AML) announced on Monday that the Yew Tree Consortium, led by Chairman Lawrence Stroll, is set to invest an additional 52.5 million pounds ($67.98 million) in the luxury automaker.

This investment will increase the consortium’s stake in the company to approximately 33%.

This new funding arrives a month after Aston Martin announced plans to reduce its workforce by 5% due to escalating losses and debt. It also comes only four months after the carmaker last raised capital.

In a further development, Aston Martin said it plans to sell its minority stake in the Aston Martin Aramco (TADAWUL:2222) Formula One team.

The company anticipates that the sale will generate a premium over the current book value of about 74 million pounds.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.