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PostPosted: Wed Mar 21, 2012 9:50 pm 
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Joined: Thu Mar 15, 2012 6:26 am
Posts: 362
CVC Said to Hire Goldman Sachs to Explore IPO of Formula One

March 20 (Bloomberg) -- CVC Capital Partners Ltd. hired Goldman Sachs Group Inc. 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.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/03/20/bloomberg_articlesM15WCC6TTDS001-M16LK-1.DTL#ixzz1pn4bigtl


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