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Mercedes-Benz to buy 20% in Aston Martin, deal to relieve liquidity pressure

Mercedes-Benz to buy 20% in Aston Martin, deal to relieve liquidity pressure

In the Aston Martin (AM) deal with Daimler’s Mercedes Benz, the latter would acquire up to a 20% stake in UK luxury sports car maker which includes access to next-generation hybrid and EV technology. This will make AM a part of Mercedes, while a new financial package will relieve the liquidity pressure off Aston Martin. Daimler currently has a 1.6% stake in AM, which is likely to be capped at 20%.

Milan
Milan
Sam
Sam 0 months

let’s hope aston martins are more affordable and present in our time! beautiful cars 🇬🇧

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