| In the wake of reports that Formula 1 chief executive Bernie Ecclestone is eyeing a US$10 billion (S$12.6 billion) initial public offering (IPO) of the sport in Singapore, it has emerged that Temasek Holdings has been approached to take a minority stake in the company.
In an exclusive report yesterday, Sky News revealed that the move was made by CVC Capital Partners, Formula 1's current owners, and that talks are expected to take place in the "coming days"...............................................Full Article: Source
|