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EquityEquity - Follow-ons and Rights issues

F1's Stroll steps in to recap and restructure Aston Martin

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Shares in Aston Martin Lagonda, the UK maker of luxury cars, surged by more than 20% on Friday morning after the company unveiled a £500m rescue deal led by Lawrence Stroll, the Canadian billionaire Formula One investor. Sources close to the deal discuss his plan to transform the company, which has struggled since it listed in 2018.

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