The state fund of the kingdom takes full ownership of McLaren

Bahrain Mumtalakat Holding Company is now the sole shareholder in McLaren Group. The state-owned state fund takes full ownership of supercar-maker McLaren. The company has been recapitalised by a recapitalisation of one of Britain’s most famous automotive names.

Bahraini sovereign wealth fund takes full control of supercar brand McLaren. Sovereign wealth fund will take full control following deep financial uncertainty for British firm. McLaren has been in financial turmoil since 2008 and has struggled to find a buyer for the British supercar. Bahraini wealth fund has taken control of the British brand.

Bahrain Mumtalakat Holding Company is now the sole shareholder in McLaren Group. The state-owned state fund takes full ownership of supercar-maker McLaren. The company has been recapitalised by a recapitalisation of one of Britain’s most famous automotive names.

Bahraini sovereign wealth fund Mumtalakat hires Wall Street bankers to find a buyer. Sovereign wealth fund seeks to sell controlling stake in McLaren amid mounting losses. Bahraini government seeks to find buyer for McLaren. McLaren is valued at $1.5 billion, the world's largest sports car maker.