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CVC sets IPO price range, Europe.
- 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