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
Sports’ Saturday: Top sports news in private equity
Sports' Saturday: Top sports news in private equity Justin Ishbia, founder of private equity firm...
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid J.C. Flowers...
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid Apollo Global Management and...