Now you may be able to own a piece of F1
Posted: Wed Mar 21, 2012 9:50 pm
CVC Said to Hire Goldman Sachs to Explore IPO of Formula One
March 20 (Bloomberg) -- CVC Capital Partners Ltd. hired Goldman Sachs Group Inc. to explore a possible sale of a stake in Formula One in an initial public offering, said a person with knowledge of the matter.
Any deal to sell part of CVC's 63.4 percent holding may value the auto-racing series at more than $10 billion and Singapore is a possible listing venue, the person said, declining to be identified as the deliberations are private.
Read more: http://www.sfgate.com/cgi-bin/article.c ... z1pn4bigtl
March 20 (Bloomberg) -- CVC Capital Partners Ltd. hired Goldman Sachs Group Inc. to explore a possible sale of a stake in Formula One in an initial public offering, said a person with knowledge of the matter.
Any deal to sell part of CVC's 63.4 percent holding may value the auto-racing series at more than $10 billion and Singapore is a possible listing venue, the person said, declining to be identified as the deliberations are private.
Read more: http://www.sfgate.com/cgi-bin/article.c ... z1pn4bigtl