23.03.2012 - Formula One revving up for IPO in Singapore
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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