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F1 Majority Shareholder CVC Capital Plans Joint Bid For IMG

F1 commercial rights holder CVC Capital has "joined forces" with Mumtalakat Holding Co., which is owned by the Kingdom of Bahrain, to "bid for IMG," according to Mark Kleinman of SKY NEWS. A source said that CVC would "form a consortium in which it would hold a 60% stake in IMG, while Mumtalakat an...

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