Aston Martin has called a board meeting for Thursday evening that may lead to it deciding between two potential investors in an emergency fundraising to help prop up the struggling luxury carmaker.
Chinese carmaker Geely and Canadian billionaire Lawrence Stroll are both proposing to invest about ￡200m for a fresh 20 per cent stake in the business and a place on Aston’s board.
The decision over which one will end up investing in Aston is likely to come down to what the new parties bring to the carmaker beyond their funding, which in itself will be a lifeline for the business.
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