RE: Mercedes to take 20 per cent stake in Aston Martin
Discussion
sideways sid said:
Yep, a blinding deal for MB! But one that Aston probably needs to survive.
Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
That about sums it up. I just posted up an article on the Q3 results and Mercedes deal. Long term, Mercedes is basically getting to "rent" Aston for a few years before they need to decide to "buy".Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
sideways sid said:
Yep, a blinding deal for MB! But one that Aston probably needs to survive.
Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
That would only be true if no other car company would be interested in working with AM.Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
Do you think that is true? That only Mercedes want to sell to Aston?
There would already be multiple year agreements in place for Mercedes to supply their engines, so Aston would have enough time to go elsewhere if they couldn't agree a deal.
The article above says "up to 20%" which suggests its staggered and equity is granted based on meeting a criteria over time.
Edited by hyphen on Saturday 31st October 13:43
hyphen said:
sideways sid said:
Yep, a blinding deal for MB! But one that Aston probably needs to survive.
Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
That would only be true if no other car company would be interested in working with AM.Imagine the MB boardroom:
"so we just won an order for up to 10,000 engines, drivetrains, infotainment etc etc per year..."
"did you have to discount it much?"
"no. the customer needs the kit more than we need to supply it, so is paying top price"
"and on top of that they're giving us 20% of the company"
"schnapps?"
Do you think that is true? That only Mercedes want to sell to Aston?
There would already be multiple year agreements in place for Mercedes to supply their engines, so Aston would have enough time to go elsewhere if they couldn't agree a deal.
The article above says "up to 20%" which suggests its staggered and equity is granted based on meeting a criteria over time.
Edited by hyphen on Saturday 31st October 13:43
cib24 said:
So, is Toto Wolf going to be done for insider trading?
I find it hard to believe he wouldn't have known about the deal all along when he bought shares in the rights issue. No way any Chinese wall would have worked in those circles and where he is connected.
Interesting. I find it hard to believe he wouldn't have known about the deal all along when he bought shares in the rights issue. No way any Chinese wall would have worked in those circles and where he is connected.
Edited by cib24 on Tuesday 27th October 17:39
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