Stock Groups

BMW and Audi interested in buying McLaren Automotive

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO A German luxury carmaker BMW’s logo is visible in Munich (Germany), March 20, 2019. REUTERS/Michael Dalder/File Photo

BERLIN (Reuters). BERLIN (DE: Volkswagen) and BMW (DE) are both interested in purchasing McLaren Automotive, a British luxury sportscar manufacturer, German automobiles magazine Automobilwoche reported Sunday. It did not specify its source. According to reports, BMW and Mumtalakat from Bahrain, which is 42% owner of McLaren Automotive, will hold their first meetings at the beginning December.

Audi also expressed interest in Formula 1 as a division, the statement said.

BMW and Audi weren’t immediately available to comment.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]