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Mar 22, 2024 · Bahrain Mumtalakat Holding Company is now the sole shareholder in McLaren Group after a recapitalisation of one of Britain’s most famous automotive names, Sky News understands.
Bahrain's sovereign wealth fund has taken full ownership of the McLaren Group, which builds high-end sportscars and owns a majority stake in the McLaren F1 team. The Bahraini fund, Mumtalakat,...
Mar 25, 2024 · Bahrain has officially taken over full ownership of McLaren. The Bahraini fund Mumtalakat was already McLaren's largest shareholder but now takes full ownership of the greater McLaren Group.
- jack.fitzgerald@hearst.com
- Associate News Editor
Dec 19, 2023 · Mumtalakat, the Gulf state's sovereign wealth fund, will effectively become McLaren's sole owner as part of a deal that could be announced as soon as this week, Sky News learns.
Dec 19, 2023 · Mumtalakat, the Gulf state's sovereign wealth fund, will effectively become McLaren's sole owner as part of a deal that could be announced as soon as this week, Sky News learns.
Mar 25, 2024 · Bahrain's sovereign wealth fund, Bahrain Mumtalakat Holding Company, last week became the sole owner of McLaren after buying out all other shareholders in a recapitalization process.
Mar 29, 2024 · Iconic British carmaker McLaren has entered a new era after Bahrain's sovereign wealth fund, Mumtalakat, expanded its stake from 60 percent to 100 percent, officially taking full ownership of McLaren Group on March 22.