share prices
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Manufacturer 26 SepAston Martin’s £120m bonds deal an ‘all or nothing rescue attempt’
Aston Martin’s decision to raise £120m in senior secured bonds in a move which will see it paying 12% interest has been described as an “all-or-nothing rescue attempt” by the Financial Times.
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Car Dealer News 10 SepPendragon business restructure could include 1,300 redundancies
Pendragon could be poised to make 1,300 redendancies as part of a business restructure designed to stem its faltering financial performance.
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Latest News 6 SepMotorpoint founder's 11m shares sale sparks 15% value slump
Motorpoint’s share value slumped by over 15% after the car supermarket’s founder David Shelby sold 11 million shares “in connection with divorce proceedings”.
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Car Dealer News 25 JunStock Exchange reacts to FCA investigation of Lookers’ sales processes
Lookers has said that it is “cooperating fully” with the Financial Conduct Authority (FCA) as the regulator announced that it was commencing an investigation into the car retail group’s sales process.
