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Dennis loses McLaren court fight after £1.6bn bid - report
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Ron Dennis has failed in a High Court attempt to keep control of McLaren following a £1.65bn takeover bid from Chinese investors, according to a report. Sky News' City Editor Mark Kleinman reports a consortium of Chinese investors tabled the bid for the company last week, which Dennis presented to McLaren. However, Kleinman reports it was "a move which prompted his fellow shareholders to launch a plot to oust him as chief executive." Kleinman also claims Dennis was in the High Court on Thursday and Friday "in an attempt to secure an injunction against a move to place him on gardening leave until his contract expires in mid-January." It has...
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