McLaren Group set for Abu Dhabi investment

Control of the automotive arm of McLaren Group could be set to shift from Bahrain to Abu Dhabi after CYVN Holdings entered into a non-binding agreement with Mumtalakat.A deal would see CYVN, an equity investor owned by the Abu Dhabi government, take full control of the automotive business and a non-controlling stake in the McLaren Group.Mumtalakat Holding Company, Bahrain’s sovereign wealth …Keep reading