The Economist -
16 Jan 2020 18:35
FEW ASTON MARTIN owners dare push their sports cars to the edge of losing grip in a fast corner. The same cannot be said of shareholders in Aston Martin Lagonda (AML), which owns the prestige brand. An ill-judged initial public offering in 2018, predicated on rapid growth, has the company careening. The IPO was an attempt to emulate the success of Ferrari, which floated in 2015. (The chairman of Exor, which has a significant stake in Ferrari, also sits on the board of The Economist's parent comp...
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