The Deal Room: Aston Martin strikes Lucid EV deal & SpaceX tender offer explained
Market Maker
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The Struggle for Survival for Aston Martin
Aston Martin is among the biggest US investments by the Saudi Public Investment Fund. Piv owns 60.46% stake in electric car maker Lucid, which had posted a net accumulating losses of nearly 5 billion since Q1 of 2020. Aston Martin always feels a little bit like a laggard in that sense technologically, which is driving this deal.
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