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The puzzling case of Delta Prefco

Tongues have certainly been wagging following the recent news that Formula One boss Bernie Ecclestone says he doesn't know anything about a bid for F1's parent company Delta Topco by media firms Liberty Global and Discovery Communications. One of the most entertaining reports said that even if a sale took place it would 'not necessarily mean that a buyer would actually control the Formula One empire because this appears to influenced by a parallel company called Delta Prefco, which has some of the same shareholders as Delta Topco.' In fact, this is far from the case because Delta Prefco does not even exist.To recap, recent reports suggested that Liberty and Discovery are considering buying...
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6mo ago from Pitpass.com 0
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