John Malone has held preliminary talks with CVC Capital Partners about buying CVC's roughly 35% stake in Formula One, the Financial Times reported Monday, citing people familiar with the matter.

The potential transaction could be done by Liberty Media Corp. (LMCA, LMCB), Liberty Media Corp. (LBTYA, LBTYB) or Discovery Communications Inc. (DISCA, DISCB, DISCK), the FT reported.

Any deal is expected to value Formula One overall at more than $9 billion, including debt, the FT reported.

Website: www.ft.com

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Cablevision System (NYSE:CVC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Cablevision System Charts.
Cablevision System (NYSE:CVC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Cablevision System Charts.