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Citi Spinoff Mints $4.4 Billion Fortune for Europe Buyout Barons bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
CVC Capital Partners IPO Mints Two New Billionaires forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
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. ....
The private equity firm that owns Petco and Swiss watchmaker Breitling is slated to go public on Friday at a valuation of up to $16 billion, minting two new billionaires. ....
MADRID Private equity firm CVC will allow individual clubs to opt out of its investment deal with Spain’s top soccer league, a source familiar with the… ....