UK’s Aston Martin to raise 653 million pounds in equity financing

2022.07.15 09:36

FILE PHOTO: The Aston Martin logo is seen on a V12 Vantage car at the company’s factory in Gaydon, Britain, March 16, 2022. REUTERS/Phil Noble

(Reuters) – British luxury carmaker Aston Martin said on Friday it will launch a rights issue to shareholders to raise 653 million pounds ($771.58 million) in a move that will see Saudi Arabia’s sovereign wealth fund become its second-largest shareholder.

($1 = 0.8463 pounds)

Source