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Aston Martin sells stake in its Formula One team and gets £52.5M investment, boosting liquidity.
Aston Martin plans to sell its minority stake in the Aston Martin Aramco Formula One team and receive a £52.5 million investment from Lawrence Stroll's Yew Tree Consortium, aiming to improve its liquidity by over £125 million.
The investment will buy 75 million new shares, raising Stroll’s stake to 33%.
This follows Aston Martin's recent job cuts and profit target reductions to improve its financial standing.
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Aston Martin vende participación en su equipo de Fórmula 1 y obtiene £52.5M de inversión, lo que aumenta la liquidez.