LONDON: A Saudi Arabia-led consortium withdrew their bid to buy English Premier League club Newcastle United late Thursday. The consortium, led by Saudi Arabia’s Public Investment Fund, businesswoman Amanda Staveley and the Reuben Brothers, had seen their bid left in limbo for months not just over the matter of human rights abuses in the autocratic kingdom, but also over its patronage of pirate operator BoutQ.
consortium
Sep 28, 2018 15:09
LONDON: Sahara Force India’s sale to a consortium headed by Canada's Lawrence Stroll is facing a challenge in London's High Court by Uralkali, a Russian potash fertilizer producer and exporter, whose bid was spurned by administrators FRP Advisory despite making a much better financial offer.
Aug 24, 2018 12:08
LONDON: FIA, the governing body of world motorsport confirmed on Thursday that the embattled duo of Vijay Mallya and Subrata Roy have completed the sale of Formula One team Force India and its assets to a consortium of investors called Racing Point UK Limited, led by Canadian business tycoon Lawrence Stroll.
Feb 23, 2018 13:02
LONDON: Sahara Force India has clarified that its Formula 1 team co-owned by fugitive Indian businessman Vijay Mallya, has no offer from any potential investors, referring to recent reports that British energy drink brand Rich Energy was fronting a consortium looking to purchase the team.