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CVC sets IPO price range, Europe.

Authors :
Botter, Lisa
Source :
IJGlobal; 5/13/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

CVC Capital Partners, a private markets investor with €116 billion in assets under management, has set an indicative price range of €13 to €15 per share for its upcoming initial public offering (IPO) in Amsterdam. This could potentially raise up to €1.8 billion and imply a valuation of €13 billion to €15 billion. The IPO is expected to take place on April 26, with shares trading on the Euronext Amsterdam. The primary proceeds from the IPO will be used to scale future company funds, pursue acquisition opportunities, and fund part of the cash consideration for CVC's acquisition of Dutch infra investor DIF Capital Partners. [Extracted from the article]

Details

Language :
English
ISSN :
20554842
Database :
Complementary Index
Journal :
IJGlobal
Publication Type :
Periodical
Accession number :
177187899