Abu Dhabi-based CYVN Holdings (CYVN), an advanced mobility operator and investment vehicle, and Bahrain’s sovereign wealth fund Mumtalakat have announced the successful completion of CYVN’s acquisition of McLaren Automotive and a non-controlling stake in McLaren Racing.
This follows the strategic agreement that CYVN signed in December last year with Mumtalakat which was subject to customary closing conditions and obtaining regulatory approvals .