Mumtalakat retains a majority share of McLaren Group, parent of McLaren Automotive. Based in Abu Dhabi, CYVN Holdings invests ...
The Enemy of Average on MSN13d
McLaren Finds New Home in Abu DhabiMcLaren is playing a game of musical chairs with its ownership! Just seven months after being scooped up by Bahrain’s sovereign wealth fund, Mumtalakat, McLaren Automotive is packing its bags and ...
Bahrain sovereign wealth fund Mumtalakat agreed to sell the specialty carmaker to CYVN Holdings, which also has investments ...
An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, ...
Chinese manufacturers have taken to the famous track in the past, including Nio with their EP9 electric hypercar in 2017. On that occasion, they achieved a time of 06:45.09 - although it was done ...
Magazine International on MSN14d
McLaren’s Next Big Investor? Abu Dhabi’s CYVN Holdings Eyes Major Stake in British Supercar IconIn a potential game-changer for the luxury automotive industry, Abu Dhabi’s CYVN Holdings is eyeing a significant investment ...
The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles.
McLaren's supercar business has been sold in a deal that likely paves the way for the launch of the brand's first EV.
Abu Dhabi-based CYVN Holdings has entered into a non-binding agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), ...
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