McLaren supercar business sold to Abu Dhabi-backed CYVN

CYVN Holdings, an investment consortium owned by the Abu Dhabi government, has agreed to purchase 100% of McLaren Automotive, the supercar business of McLaren Group. The news was confirmed on Tuesday in a joint statement by CYVN and McLaren Group owner Bahrain Mumtalakat Holding Company, the sovereign wealth fund of fellow Gulf country Bahrain…