Aston Martin Lagonda : A strong signal at a pivotal time; we lift our rating to Outperform
>Geely raises its stake in AML - AML announced yesterday morning that Geely will increase its stake in the group via 1/ the purchase of 42m shares from the Yew Tree consortium (consortium led by Lawrence Stroll, largest shareholder and Chairman of AML), and 2/ the purchase of 28 m new AML shares, at a price of 335p (premium of 45% to the previous day’s closing price), i.e. a total cash injection for AML of £95 M. The two transactions represent a total consideration of...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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