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(Boursier.com) — CVC Capital Partners would target the stock market! Europe’s largest private equity firm is preparing for a possible listing in Amsterdam as early as November amid improving investor confidence around IPOs. According to ‘Bloomberg’ and ‘Reuters’ sources, the final decision on the timetable has not been made and could change depending on market conditions.
CVC’s IPO would be one of the largest in the European private equity sector. It could encourage competitors to flock to public markets. CVC was valued at about $15 billion in 2021 when it sold a minority stake to Blue Owl Capital Inc. The company manages about $90 billion in private equity assets and its credit platform has 38 billion euros in assets, according to its website.
Global IPO markets are starting to emerge from a long period of drought. The successful listing of chip designer Arm Holdings Plc in New York is helping to encourage other companies to enter the market.
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Please note, our “Rumors” section aims to echo the information circulating in the trading rooms. These rumors cannot be verified, so they should be considered with caution.
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