SINGAPORE (Reuters) - Private equity firm CVC Capital Partners has hired UBS and Goldman Sachs as joint global coordinators and bookrunners for Formula One's roughly $2 billion initial public offering in Singapore expected in July, sources with direct knowledge of the deal said on Monday.
Goldman's role in the deal was expected, given the bank's early work on the process, while for UBS, the top status on the IPO is a major boost for its Southeast Asia operation.
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