UK - CVC-backed Formula One makes simultaneous acquisitions

CVC Capital Partners Group and Formula One Administration are pleased to announce that subsidiaries of Alpha Topco Ltd, the holding company for the Formula One Group, have reached agreement to acquire simultaneously Allsport Management S.A., and the business undertaken by the Allsopp Parker & Marsh group of companies. Completion of both the APM and ASM transactions is conditional on receipt of anti-trust approvals.