Overview
- Chairman Lawrence Stroll's Yew Tree Consortium will invest £52.5 million, raising Stroll's stake in Aston Martin from 27.7% to 33%.
- Aston Martin expects to generate over £74 million by selling its minority stake in the Aston Martin Aramco Formula One team.
- The company is seeking a waiver on takeover rules, which typically require a cash offer for the entire company when a stake surpasses 30%.
- Aston Martin recently announced a 5% workforce reduction, equivalent to approximately 170 jobs, as part of its financial restructuring plan.
- The luxury carmaker has revised its 2025 growth outlook to modest levels, down from its earlier projection of mid-single digit growth.