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10-27-2020, 06:38 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Aston Martin (https://www.autoblog.com/aston+martin),Mercedes-Benz (https://www.autoblog.com/mercedes-benz)
https://o.aolcdn.com/images/dims3/GLOB/crop/2513x1413+261+543/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-07/0797a5b0-9c01-11e9-bfdb-61ece03a7b80 The company will place 250 million new shares with new and existing institutional investors at 50 pence a share, said the 107-year car maker that hired Tobias Moers, former CEO of Mercedes-AMG, to become its boss from August. The new shares issued would increase the size of Mercedes-Benz's stake to no more than 20% by 2023 from the current 2.6% in several stages. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level with them bContinue reading Aston Martin and Mercedes-Benz expand collaboration (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/)
Aston Martin and Mercedes-Benz expand collaboration (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 27 Oct 2020 14:30:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/) | Email this (https://www.autoblog.com/forward/2273584/) | Comments (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/#comments)
More... (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/)
https://o.aolcdn.com/images/dims3/GLOB/crop/2513x1413+261+543/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-07/0797a5b0-9c01-11e9-bfdb-61ece03a7b80 The company will place 250 million new shares with new and existing institutional investors at 50 pence a share, said the 107-year car maker that hired Tobias Moers, former CEO of Mercedes-AMG, to become its boss from August. The new shares issued would increase the size of Mercedes-Benz's stake to no more than 20% by 2023 from the current 2.6% in several stages. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level with them bContinue reading Aston Martin and Mercedes-Benz expand collaboration (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/)
Aston Martin and Mercedes-Benz expand collaboration (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 27 Oct 2020 14:30:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/) | Email this (https://www.autoblog.com/forward/2273584/) | Comments (https://www.autoblog.com/2020/10/27/aston-martin-mercedes-benz-collaboration-stake/#comments)
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