Caterham Group up for sale – report

Caterham Group up for sale – report

Malaysian media reports that Caterham chairman Tony Fernandes has put the automotive group up for sale with an asking price of £350m

A report in Malaysia suggests that Tony Fernandes has put the British-based Caterham Group of motorsport, automotive and engineering companies up for sale.

Malaysian business journal The Edge, citing an unidentified source, reported on Sunday that group chairman Fernandes is looking for $589m (about £350m) for the whole business.

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