In January, an investment group by the name of Yew Tree led by fashion billionaire Lawrence Stroll rescued Aston Martin  from its latest financial perils with a $657-million parachute, in the process assuming 16.7 percent ownership of the automaker. Since then, panic over the worsening COVID-19 pandemic has sent stock prices—Aston's included—tumbling, allowing Yew Tree to strategically increase its share of ownership in the company to 25 percent.

Read Article

Billionaire Lawrence Stroll Takes Advantage Of Downturn To Increase Share In Aston Martin

About the Author