-wkst- wrote: ↑27 Dec 2024, 21:19
Stroll sold 2024 another part of the company. Arctos Partners was in 2023 (I never said that this company belongs to the Saudis). HPS and Accel was in 2024 (also no Saudis). Please get at least the facts together, before you answer.
Like the Red Bull comparison. Absolutely not comparable to AMR. Mateschitz and the Thais own the Red Bull GmbH, which own a lot of sport teams, like RBR, for marketing reasons. Stroll and his investment in AMR is for money and personal reasons.
Aston Martin Stake Sale
Sale of Shares: The Aston Martin Formula One team is nearing a stake sale to two US funds, Accel and HPS Investment Partners, in a deal that would value it at between £1.5 billion and £2 billion.
Investment Details: Venture capital fund Accel and private credit manager HPS Investment Partners are set to invest “hundreds of millions of pounds” into the F1 team’s holding company.
Stake Sale: The deal would involve a stake sale of between 20% to 25%
and is expected to be announced shortly.
If you notice he's selling parts of the Holding Company.....
Holding Company:
A type of business entity that primarily exists to hold and manage investments in other companies.
Owns more than half of another company’s stock, giving it control over that company’s operations.
Manages and controls its subsidiaries, including appointing and removing board members, directors, and other key personnel.
Has all ownership rights and duties over its subsidiaries.
Invests in various businesses through subsidiaries to lower risk, cut losses, and save on taxes.
Can use its big capital and reduce competition for the company.
May own multiple subsidiaries, exercising control over each.
Subsidiary Company:
A company that is owned by another company, known as the parent or holding company.
The parent company owns more than 50% of the subsidiary’s voting stock.
Operates independently, but is financially controlled by its parent company.
Major decisions taken by the parent company affect the subsidiary.
May have its own management team and directors, but is subject to the control or influence of the holding company.
Can be a wholly-owned subsidiary (100% owned) or a partially-owned subsidiary (more than 50% owned).
Key differences:
A holding company is a parent entity that owns and controls multiple subsidiaries, whereas a subsidiary is a single company owned by another company.
A holding company exercises control over its subsidiaries, whereas a subsidiary is controlled by its parent company.
A holding company’s primary purpose is to hold and manage investments, whereas a subsidiary’s primary purpose is to operate its own business.