An announcement from Aston Martin Lagonda Global Holdings plc ( (GB:AML) ) is now available.
Aston Martin Lagonda Global Holdings plc has addressed media comments regarding a proposed investment by the Yew Tree Consortium. The company clarified that remarks made by Lawrence Stroll were not intended as formal statements under the City Code on Takeovers and Mergers. Aston Martin plans to seek a waiver from the Takeover Panel and approval from independent shareholders to potentially increase the Yew Tree Consortium’s shareholding to 35%. This move could significantly impact the company’s shareholder structure and influence its market positioning.
More about Aston Martin Lagonda Global Holdings plc
Aston Martin Lagonda Global Holdings plc is a renowned ultra-luxury British brand known for producing high-performance cars that blend cutting-edge technology with traditional craftsmanship. Founded in 1913, Aston Martin is synonymous with style, luxury, and exclusivity, offering a range of acclaimed models such as the Vantage, DB12, Vanquish, DBX707, and the hypercar Valkyrie. The company is committed to sustainability, planning to introduce electrified sports cars and SUVs by 2030. Based in Gaydon, England, Aston Martin exports its vehicles to over 50 countries and is listed on the London Stock Exchange.
YTD Price Performance: -38.79%
Average Trading Volume: 3,080,008
Technical Sentiment Signal: Buy
Current Market Cap: £610.9M
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