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Aston Martin Lagonda Global Holdings Plc secured a 500-million-pound ($656 million) lifeline to restore the balance sheet and help build a new sport-utility vehicle after agreeing to sell a minority stake to billionaire Lawrence Stroll.
The deal agreed late Thursday gives the U.K. luxury carmaker much-needed breathing space as it looks to get back in track following a turbulent start to life as a public company.
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