| Bahrain's sovereign-wealth fund, British entrepreneur Ron Dennis, and other shareholders in McLaren Automotive Ltd. have recapitalized the closely held specialist U.K.-based luxury car brand, which is best known for its Formula One racing team and supercars.
McLaren's four shareholders, including the Mumtalakat fund and Mr. Dennis, have converted around £172 million ($278.4 million) in debt and interest into stock and injected another £32 million through a capital increase, the company said in its latest regulatory filing. The other shareholders are the Luxembourg-based Tag Group and Singaporean billionaire Peter Lim...............................................Full Article: Source
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