UBS and Goldman to lead Formula One IPO - sources


SINGAPORE (Reuters) - Private equity firm CVC Capital Partners has hired UBS and Goldman Sachs to lead an expected $2 billion initial public offering of motor racing business Formula One in Singapore, sources with direct knowledge of the matter said on Monday.

Goldman's role as joint global coordinator and bookrunner for the IPO, which is expected in July, was widely anticipated, given the bank's early work on the process.

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