Deals
Buyout Giant CVC Seeking More Than €1 Billion in Amsterdam IPO
- Private equity firm may target up to €15 billion valuation
- CVC has been working on a listing since at least 2022
The offices of CVC Capital Partners in London, UK.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
CVC Capital Partners is set to revive plans for an initial public offering in Amsterdam and may seek to raise between about €1 billion ($1.1 billion) and €1.5 billion, according to people familiar with the matter, potentially paving the way for other private equity firms to go public.
The firm may indicate its intention to float as soon as Monday and could offer a stake of 10% to 15% in the share sale, the people said, asking not to be identified as the information isn’t public yet. CVC is targeting a valuation of around €13 billion to €15 billion, the people said.