Wednesday 8 November 2023

#Saudi wealth fund raises stake in carmaker Aston Martin | Reuters

Saudi wealth fund raises stake in carmaker Aston Martin | Reuters


Aston Martin (AML.L) said on Wednesday Saudi Arabia's Public Investment Fund (PIF) had raised its stake in the British luxury carmaker by 2.6% to 20.5%, gaining the second spot in the shareholder list.

PIF is the third largest stakeholder in the Gaydon-based company, according to LSEG data.

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