Saudis reportedly in talks over stake in luxury car manufacturer Aston Martin

Follow-ups -eshrag News:

Thu, 2022-06-30 22:51

LONDON: Saudi Arabia’s Public Investment Fund is reportedly in talks with Aston Martin over acquiring what the Financial Times newspaper said would be a $243.5 million stake in the luxury carmaker.

The British manufacturer refused to confirm or deny the reports but following the news on Thursday, a fall in the company’s share price was reduced to nine percent from a 20 percent drop earlier in the day.

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