Hedge Funds & Alternative Investments
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McLaren raises £550m and adds Saudi Arabian wealth fund as investor
McLaren has raised £550m in a deal that makes Saudi Arabia’s Public Investment Fund a minority shareholder in the supercar and racing group. The UK carmaker has raised more than £1bn in the past two years to help it invest in electric and hybrid cars. Its first entry-level hybrid supercar,…
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Click here to read the full story: Financial Times