Mexican Media Brands
Aston Martin’s Top Investor May Raise Stake
Italy’s Investindustrial, which owns 31% of Aston Martin Lagonda Ltd., has offered to raise its stake by another three points.
#economics
Share
Italy’s Investindustrial, which owns 31% of Aston Martin Lagonda Ltd., has offered to raise its stake by another three points, Reuters reports.
Investindustrial’s Strategic European Investment Group is offering £10 ($12.53) per share.
Aston Martin launched an initial public offering last October at £19 ($22), which valued the British luxury car maker at £4.3 billion ($5 billion). But shares currently are trading under £10, which values the company at £2.2 billion.
RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Fuel Economy Gains in July
What you’re looking at here is a sales-weighted fuel economy chart (the numbers in the white boxes represent miles per gallon) that was put together by two diligent researchers, Michael Sivak and Brandon Schoettle, of the University of Michigan Transportation Research Institute.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.