Billionaire Lawrence Stroll reportedly seeks major stake in Aston Martin

December 5, 2019 Reuters

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Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, Autocar magazine reported, sending the carmaker's battered share price up nearly 15% on Thursday. The British sports car maker's share price has slumped since its flotation in October last year. Stroll, who is the father of Formula One driver Lance Stroll, is heading up a consortium looking to take a "major shareholding" in Aston Martin, Autocar said on Thursday.

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Billionaire Lawrence Stroll reportedly seeks major stake in Aston Martin originally appeared on Autoblog on Thu, 5 Dec 2019 08:27:00 EST. Please see our terms for use of feeds.

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