Abu Dhabi government-owned investor CYVN is set to buy British supercar manufacturer McLaren from Bahrain’s sovereign wealth fund Mumtalakat, adding to its automotive-oriented portfolio that includes Chinese electric vehicle producer NIO.Bahrain’s Mumtalakat took full control over McLaren in March, acquiring the 40% it did not already own. McLaren was badly...
Abu Dhabi government-owned investor CYVN is set to buy British supercar manufacturer McLaren from Bahrain’s sovereign wealth fund Mumtalakat, adding to its automotive-oriented portfolio that includes Chinese electric vehicle producer NIO.Bahrain’s Mumtalakat took full control over McLaren in March, acquiring the 40% it did not already own. McLaren was badly...