Telenet shareholder CIAM calls for $1 bln special payout

Telenet shareholder CIAM calls for $1 bln special payout

Hedge fund CIAM has requested an exceptional dividend payout of 970 million euros ($1.05 billion) from Belgium’s Telenet citing management underperformance, a letter from the Paris-based activist investor showed on Friday. CIAM is “concerned by Telenet’s financial...
CVC seeks up to 20 billion euros for new buyout fund

CVC seeks up to 20 billion euros for new buyout fund

CVC Capital Partners Ltd is looking to raise up to 20 billion euros ($22 billion) for its latest flagship buyout fund, in what would be the private equity firm’s biggest pool of capital amassed to date, people familiar with the matter said on Monday. The fund, CVC...