Saudi Arabia’s Public Investment Fund (PIF) and Bahrain’s Mumtalakat have stumped up more money in their automotive interests in return for equity as they support plans for growth in a challenging market.Mumtalakat: Taking Full Control for Electric TransitionMumtalakat has taken full control over the British motorsport company McLaren, acquiring the...
Saudi Arabia’s Public Investment Fund (PIF) and Bahrain’s Mumtalakat have stumped up more money in their automotive interests in return for equity as they support plans for growth in a challenging market.Mumtalakat: Taking Full Control for Electric TransitionMumtalakat has taken full control over the British motorsport company McLaren, acquiring the...