Mercedes-Benz to buy 20% of Aston Martin
The existing 2.6% stake will be expanded to give Aston Martin access to key Mercedes' technology
28 October 2020 - 12:50
Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday.
Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it floated two years ago, with its shares losing two-thirds of their value this year...
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