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Williams comes up with substantial refinancing after sale Advanced Engineering

Last year, Williams sold a majority stake in Advanced Engineering to EMK Capital. In the meantime, it has become clear that this was accompanied by a thorough refinancing. Claire Williams is able to reveal this on Friday afternoon. Advanced Engineering is completely separate from the Formula 1 team, as this department is only involved in the development and production of parts for the aerospace and automotive industries. Read more Ferrari wil fabrieken weer openen; alle medewerkers worden getest op coronavirus Ecclestone criticizes Ferrari: 'If Hamilton comes, they'd bury him with it' Latifi comes to the rescue "We started refinancing at the end of 2019 after the sale," says...
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