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FTSE 100 Live: Stocks jumps to close at new high as NatWest nears five year peak; US inflation comes in hot

FTSE 100 Live: Stocks jumps to close at new high as NatWest nears five year peak; US inflation comes in hot
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Citi spinoff mints $4 4 billion fortune for Europe buyout barons

CVC Capital Partners founders Mackenzie, Koltes, van Rappard are top beneficiaries of the recent IPO, valuing the firm at $4.4 billion. Van Rappard continues as chairman, while CEO Lucas and managing partner de Jaime Guijarro hold significant stakes. Beyond allowing the founding partners to cash out part of their wealth in the closely held business, CVC s listing is also fueling hopes of a rebound in Europe s IPO market, even though a full-blown recovery in listings isn t fully expected until next year.

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