CVC Capital Partners Ltd. hired Goldman Sachs Group Inc. (GS) 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. Full story
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US$10b F1 IPO coming to S'pore? - inSing.com
Singapore silent on F1 listing report - Yahoo! News
