A top Aston Martin shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday.
Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake of 14.99% in Aston Martin as of May 29, compared with its previous stake of 19.92%.
It was not immediately clear why the fund cut its stake.
Investindustrial is the company’s second-biggest shareholder after Canadian billionaire Lawrence Stroll. What will to happen to Aston Martin in the next few months... who knows!?!