Friday, March 30, 2012

CVC to saddle F1 with new debt

There are reports that the Formula One group is to pay its owner CVC Capital Partners a dividend of around $1 billion in cash, as part of a loan refinancing. This is no surprise as CVC Capital Partners has been looking for ways to release some of the value in the F1 business at a [...]

Lance Reventlow Peter Revson John Rhodes Alex Ribeiro

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