CHONGQING -- China's auto giant Zhejiang Geely Holding Group said on Friday that it has invested in British luxury carmaker Aston Martin Lagonda by acquiring 7.6% of the company's common stock, making it the fifth largest shareholder.
Business deals
China's Geely takes 7.6% stake in Aston Martin
Chinese company becomes 5th largest shareholder in British luxury automaker
Zhejiang Geely Holding Group's CEO Daniel Li said he believes that with its well-established track record and technology offerings, Geely can contribute to Aston Martin's future success.
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