Private equity firm CVC Capital Partners is working on a possible float that could value it at more than $15bn.
CVC, which is based in London and has $125 billion in assets under management, is understood to be working on a stock market listing with Goldman Sachs.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
The possible move comes as private equity enjoys a global boom, with investors piling record sums into funds amid low interest rates and buyout firms swooping on household names such as the AA and Morrisons.
Private equity firms in the US, led by Blackstone and KKR, were first to break with tradition by selling shares to the public.
Source: The Times
Can’t stop reading? Read more
Apollo secures $1bn private credit facility to finance PowerGrid acquisition
Apollo secures $1bn private credit facility to finance PowerGrid acquisition Apollo Global...
Tikehau Capital acquires smart mobility firm EYSA to drive €200m platform’s global growth
Tikehau Capital acquires smart mobility firm EYSA to drive €200m platform’s global growth Tikehau...
KKR targets £8bn debt reduction in $10.7bn Thames Water restructuring plan
KKR targets £8bn debt reduction in $10.7bn Thames Water restructuring plan KKR is preparing a...