Currently reading: Analysis: Can Aston Martin work with new stakeholder Geely?
Previously rebuffed Geely is now an 8% stakeholder, but that doesn't mean they will work together

Having been publicly rebuffed on its offer to invest in Aston Martin back in July, Geely has gone round the back by hoovering up shares on the open market to give it an almost 8% stake in the luxury firm

So what happens now? Aston Martin chairman Lawrence Stroll made it extremely clear on the company’s second-quarter earnings call in July that he thought Geely’s £1.3 billion bid together with Italy’s InvestIndustrial Group for a stake in the company was derisory.

“The board and its bankers studied it and unanimously completely rejected it.

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