Mumtalakat acquires senior preference shareholders’ stakes in McLaren

Manama, June 22 (BNA): Bahrain Mumtalakat Holding Company (Mumtalakat), Bahrain’s sovereign wealth fund, today announced the acquisition of the shares of major blue-chip shareholders in McLaren Group Limited which is part of a proposed comprehensive restructuring. Group to achieve its long-term goals.

Mumtalakat believes that the restructuring of the McLaren Group, which is subject to ongoing discussions with shareholders, is the optimal governance structure to deliver McLaren’s strategy for the “future of performance”, according to which the company will continue to create the most innovative and dazzling supercars in the world, providing a unique and unique car. Unrivaled luxury customer experience and expansion into new markets and client groups.

MI