Williams Formula One team to float on stock market | Business | The Guardian
The Williams Formula One business is to be floated in Frankfurt rather than London to enable the racing outfit to avoid providing details of sponsorship and other commercial arrangements.
The shares are expected to begin trading on 2 March after public offerings in Germany, Britain, Austria and Switzerland as well as private placings for institutional investors in other countries.
The idea of a share listing for the business was first raised last month when Adam Parr – chairman of AT&T Williams, the company behind the racing team – said the plan was being considered to enable "succession planning and future-proofing".
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