Williams F1 Share Prices Value Company at USD361m

By Community | February 9, 2011

Formula One racing team, see Williams are pushing through with stock flotation plans and  Williams Grand Prix Holdings Plc are offering shares at a rate of 24  – 29 euros (US$32.7 – $39.5) apiece.

The individual share prices mean that the company is valued at $361m at the mid-point of the pricing according to a statement emailed today, February 9.

Williams F1 isn’t raising new capital in the offering, which enables existing shareholders to sell down part of their holding “to allow investor participation.”

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