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McLaren: We are delighted Latifi has joined the family
McLaren Group is pleased to confirm that Michael Latifi, a Canadian businessman, has become a shareholder, in a move that significantly strengthens the group’s balance sheet and underpins its ambitious growth plans. McLaren announced on 14 May it had sold shares to Nidala (BVI) Limited, controlled by Michael Latifi. McLaren Group encompasses the McLaren Automotive, McLaren Racing and McLaren Applied Technologies companies. Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman, explained: “This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth. We are delighted Michael Latifi has joined...
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6y ago from GrandPrix247.com
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