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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Formula One revving up for IPO in Singapore

Posted on 23 March 2012

Formula One (F1) motor racing series’ owners, CVC Capital Partners, are considering a partial flotation of the business on the Singapore stock exchange, which could raise anywhere between $1.5 billion to $10 billion for the company.
The UK based private equity firm also contacted officials from Singapore’s sovereign wealth fund, Temasek Holdings, to enquire if they were interested in purchasing a stake in their share, though neither party commented on the outcome………………………………………..Full Article: Source


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