Aston Martin – shares are on the run upwards, is a bidder in the wings?

Some 19.77m shares of Aston Martin Lagonda Global Holdings (LON:AML) were traded last Friday, with the market abuzz with rumours of an early bid from China.

One assumes that if such a bid actually transpires it would emanate from Geely Holdings, the Chinese automobiles manufacturer that now holds some 16.66% of the luxury car maker’s equity.

Geely, which is controlled by the billionaire Li Shufu, owns Volvo, Polestar, Lotus and the London Electric Vehicle Company amongst several other bra...

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