McLaren has secured a rescue loan of 150 million British pounds (approximately $184.5 million) from the National Bank of Bahrain, the automaker and race team said Monday. Bahrain, through its Mumtalakat sovereign wealth fund, is the majority shareholder of McLaren, owning 56.4% of the company. The sovereign wealth fund is also the majority...
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Monday, June 29, 2020
McLaren gets $185M rescue loan from majority owner Bahrain
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