SINGAPORE (MarketWatch) -- Motor-sport franchise Formula One Group is delaying its $2.5 billion initial public offering in Singapore as choppy markets continue to hit equity fund raising efforts of companies globally, people familiar with the situation said Friday.
The high-profile IPO is the latest casualty as offerings the world over are either being pulled or delayed due to a slump in investor sentiment on renewed fears over the ongoing debt crisis in the euro-zone. Full story
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