The share pricing range of Williams' has been reduced just ahead of its Frankfurt floatation next week.
Williams had announced that the share price would sail between €24 to 29. But, due to cancellation of the season opening Bahrain grand prix the shard price range has been tightened and reduced to €25 to 27, as reported by British newspapers the Telegraph and the Independent.
The reason for reduced pricing of Williams flotation, as stated by the Telegraph, comes “as the sport scrambles to fix its racing schedule in the midst of the Middle East crisis .”
Credit: The F1 Times (www.thef1times.com)
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