Friday, June 1, 2012

Seeking Alpha: Global IPO Affecting F1's own plans



Global IPO crunch leaves F1 stalled in the pits. Formula One may or will delay its $2.5B-$3B Singapore listing, becoming the latest victim of the IPO crunch as volatile markets and Facebook's troubles scare off investors and companies alike. Formula One would join three other firms that pulled Asian IPOs this week, including Graff Diamonds, while Kayak may back off from its U.S. offering. Opinion: Safe havens and investor paralysis.

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