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Lawrence Stroll Tightens Hold On Aston Martin Lagonda
Lawrence Stroll has solidified his control of Aston Martin Lagonda as a group of Kuwaiti investors have reduced the size of their holding in the British auto-maker. Amr Ali Abdallah Abou El Seoud, Adeem/Primewagon’s representative director on Aston Martin Lagonda’s board, has stepped down from his position, company filings published on Friday show. READ: Nico Hulkenberg Reveals He Was Wary Of Being ‘Burned’ Last Year This came as the family investment house’s stake in the company dropped below seven percent. In November, Adeem gave up a board seat in anticipation of its holding falling below 10 percent. This latest reshuffle of Aston Martin Lagonda’s board comes just weeks...
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4y ago from Formula1News.co.uk
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