Saudi Arabia Buys Stake In McLaren in £550 Million GBP Deal

Saudi Arabia Buys Stake In McLaren in £550 Million GBP Deal

British automotive producer McLaren has raised £550 million GBP, approximately $757 million USD, in a deal that now sees Saudi Arabia’s Public Investment Fund as a minority shareholder in the supercar company. Saudi Arabia’s involvement in the U.K. auto compa…

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Economic Report: Open for business: U.S. companies are reopening or forming at a frantic pace

The “chief business of the American people is business,” President Calvin Coolidge said almost a century ago. They are proving him right again as the U.S. emerges from the coronavirus pandemic.

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