News Details

McLaren Group receives fresh £200m investment

The McLaren Group has announced it has received a fresh investment of £200 million that will be received across the course of the coming year. In a statement issued by the McLaren Group earlier this week, it confirmed that it would be issuing new equity capital following an injection of £203.8m by Nidala (BVI) Limited to purchase over 800,000 shares in the company. “This new capital, which is part of the Group’s simplification over the last 12 months, will significantly strengthen the Group’s balance sheet and underpins its ambitious growth plans laid out in its five-year business plan,” the statement from McLaren reads. 5774263478001 CrashTV:  “This injection of capital...
Full Story »
7y ago from Crash.net 0
Share

You May Also Be Interested In...

Latifi linked with future McLaren move after £200...

British Virgin Isles based body Nidala Limited have purchased 888,135...

McLaren get £200m cash boost with links to F2 racer...

McLaren's coffers have been swollen by a £200million investment,...
7y ago from GPFans.com

McLaren tight-lipped on full time IndyCar plans

McLaren is contemplating a tie-up with a leading IndyCar outfit to put a...
7y ago from F1i.com

Brown: McLaren is a fan of the Le Mans brand

McLaren chief Zak Brown has confirmed that his team are looking at a...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedro Acosta fastest in weather-affected final Spanish...

Pedro Acosta topped the timesheets for KTM in the final Spanish MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Sebastien Ogier goes all out on asphalt attack

Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arteta: Arsenal ready to 'get job done' and win title...

Mikel Arteta has urged his players to "take ownership" of the...
1h ago from SkySports.com

Game 1 of the ‘new season' is a must win

Morning all. 'Game 1', is how Mikel Arteta described today's encounter...
2h ago from Arseblog.com

Arsenal and Man United look to beat La Liga giants in...

Atalanta midfielder Ederson has been linked with a move away from the...
13h ago from CaughtOffside.com

Arteta targets 60m speedster as Man United prepare bid...

Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
14h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.