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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Bahrain fund open to McLaren stake sale

Posted on 10 July 2014

The chief executive of Bahrain’s sovereign wealth fund, Mumtalakat Holding Company, has confirmed that while there were no talks with Honda about buying its stake in U.K. automaker McLaren, a sale of the luxury sports car group was still an option.
“Our stake in McLaren, you know, we are happy to have it there. If there is a business opportunity for somebody to buy from us we look at it commercially, but there is no talk at the moment directly with them (Honda) no,” Mahmood Al Kooheji said………………………………………..Full Article: Source


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