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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...
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7y ago from Crash.net 0
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