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F1 delays $3 billion Singapore IPO on weak markets

LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion (1.95 billion pounds) due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right.

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Blackrock, others buy $1.6 billion stake in F1 - sources

HONG KONG/SINGAPORE (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

Blackrock, others buy $1.6 billion stake in F1 - sources

HONG KONG/SINGAPORE (Reuters) - Private equity firm CVC Capital has sold a 1.0 billion pounds ($1.6 billion) stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

BlackRock, investors buy $1.6 billion stake in F1 - sources

SINGAPORE/HONG KONG (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

BlackRock, investors buy $1.6 billion stake in F1 - sources

SINGAPORE/HONG KONG (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

Blackrock, others buy $1.6 billion stake in F1 - sources

HONG KONG/SINGAPORE (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

BlackRock, investors buy $1.6 billion stake in F1-sources

SINGAPORE/HONG KONG (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

BlackRock, investors buy $1.6 billion stake in F1 - sources

SINGAPORE/HONG KONG (Reuters) - Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

BlackRock, investors buy $1.6 billion stake in F1 - sources

SINGAPORE/HONG KONG (Reuters) - Private equity firm CVC Capital has sold a 1.0 billion pounds ($1.6 billion) stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.

Other Sport

Formula One to start pre-marketing $3 billion Singapore IPO - source

HONG KONG (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.