Little Gems27 Oct 2020 17:14
Not sure if anyone else has read all the RNS yet, however..
for those focusing only on the extra shares.... please read the rest. there are some good agreements included in this. Good business agreements.
like below
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State-of-the-art electric/ electronic (E/E) architecture
Through the Strategic Cooperation Agreement Aston Martin avoids the investment of cash in these technologies and the substantial additional investment that would be required if it were to look to develop these technologies in-house (the cost of which it estimates would be well in excess of the total consideration to Mercedes-Benz AG) enabling Aston Martin to focus on investment in other areas and expand its product portfolio, a substantial element of its strategic plan.
In addition to making available technology and licensing key intellectual property, Mercedes-Benz AG is expected to supply both hardware and software components to Aston Martin under commercial agreements to be agreed between Aston Martin and Mercedes-Benz AG.