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China's Geely in talks to take stake in Aston Martin

FILE PHOTO: An Aston Martin DB5 is pictured during a promotion in Times Square for the James
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(Reuters) - China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the luxury carmaker, according to a source close to the discussions and a report by the Financial Times, sparking a sharp jump in the British company's share price.The Chinese group is conducting due diligence on the 107-year-old UK business, the cars of which are the drive..
Date Published: Jan 10, 2020
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