ABU DHABI/WAM Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, and the Abu ...
Read More »UK carmaker Aston Martin isn’t a patch on Ferrari
Barely a year has passed since Aston Martin Lagonda Global Holdings Plc listed shares in London and persuaded investors it deserved a premium valuation similar to that of Ferrari NV. The luxury carmaker’s preliminary yearly results were a reminder that its management badly misjudged both the strength of the brand and the resilience of its balance sheet. In reality Aston ...
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