Aston Martin raises £152m in equity capital for luxury reset

Sam Kerr

June 26, 2020 01:00 pm

Aston_Martin_Valhalla_PA_575x375_June 26 — New Bond car A model shows off Aston Martin's new hypercar, called the Valhalla, for the upcoming 007 film "Bond 25" at COEX in Seoul on Aug. 1, 2019. The British carmaker will produce only 500 Valhallas for delivery in 2021, and the car is expected to be sold at about 2 billion won (US$1.68 million) in South Korea. | Yonhap/Yonhap News Agency/PA Images

Aston Martin, the UK car maker returned to equity markets on Friday morning to raise yet more equity capital after completing a rights issue in April. The company has sold a stake worth 19.9% of its share capital to allow a new management team to rebuild the company.

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Coronavirus Equity ABBs-Block Trades UK Europe EMEA

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Sam Kerr