Apple eyes British supercar maker McLaren

Published On: September 21, 2016 08:47 PM NPT By: Reuters


Apple Inc has approached British Formula One team owner McLaren Technology Group for a strategic investment or a potential buyout, the Financial Times reported, citing sources.

The loss-making automotive group could be valued at between 1 billion pounds ($1.30 billion) and 1.5 billion pounds, the newspaper reported.

Apple and McLaren could not be immediately reached for comment.


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