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Ares Investment Management

  • F1: McLaren stake sale values team at record $5bn

    Sport Business

    McLaren’s 30 per cent stake sale values the Formula 1 team at north of $5bn, according to sources close to the deal. Majority shareholders Mumtalakat, the Bahraini sovereign wealth fund, and UAE-based investment group CYVN Holdings this week completed the purchase of all shares they did not already own to acquire 100 per cent of [...]

    McLaren’s 30 per cent stake sale values the Formula 1 team at north of $5bn, according to sources close to the deal.

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