Aston Martin announced that Chairman Lawrence Stroll's Yew Tree Consortium plans to invest an additional £52.5 million ($67.98 million) in the luxury carmaker, raising its stake to around 33%. This injection of funds follows a recent decision by the company to reduce its workforce by 5% due to mounting losses and debt. It also comes just four months after the last capital increase.
Additionally, Aston Martin stated that it will divest its minority interest in the Aston Martin Aramco Formula One team, anticipating a premium over the current book value of approximately £74 million.