HONG KONG, May 21 (Reuters) - Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering on May 22 after receiving approval from the city's stock exchange for the deal, sources with direct knowledge of the plans said on Monday.
The IPO is set to be priced before the end of June after the company and its bankers meet with investors and fund managers to gauge demand for the IPO, the sources said, who asked not to be named because they were not authorized to speak publicly on the matter. Full story
Related:
Formula One Gets Greenlight for $3 Billion Flotation - International Business Times
Formula One Said to Seek $3 Billion in Singapore I.P.O. - dealbook.nytimes.com
Formula One to start pre-marketing USD 3b Singapore IPO - Moneycontrol.com
Formula One to start pre-marketing $3 billion Singapore IPO - source - SBS.com.au
Formula One Approved for Singapore IPO - WSJ Blogs
Formula One to start pre-marketing US$3b Singapore IPO: Source - The Malaysian Insider
