Deals
CVC Capital Nears Stake Sale to Blue Owl at $15 Billion Valuation
- European buyout firm could announce 10% sale in coming weeks
- Move is latest sign CVC may be laying groundwork for IPO
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CVC Capital Partners is nearing a deal to sell a minority stake to investment firm Blue Owl Capital Inc. in a transaction valuing the European buyout firm at around $15 billion, people familiar with the matter said.
The private equity firm could reach an agreement on a stake sale of about 10% in the coming weeks, said the people, asking not to be identified because discussions are private.