Canadian billionaires rescue plan suddenly doesnt look so rosy given the epidemics economic falloutAt what point does the coronavirus crisis qualify as a material adverse change for City deal-making purposes? Lawrence Stroll, would-be rescuer of Aston Martin, may be asking the question right now. As things stand, he is set to pay 400p-a-pop for a 16.7% slice of the luxury carmaker, versus a market price that fell as low as 360p on Tuesday. Related: Coronavirus: Europe on alert as four more deaths reported in Italy updates Continue reading...
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