Markets

CVC Capital Partners Eyes Amsterdam Listing Revival with Potential $15 Billion Valuation

Published March 5, 2024

Contemplating a significant move in the stock market, private equity heavyweight CVC Capital Partners is reportedly weighing the option of breathing new life into its plans for a listing on the Amsterdam stock exchange, potentially happening as early as next month. A source close to the matter revealed to Sky News that the firm may be seeking a valuation that exceeds the $15 billion mark.

Indecision Over Timing

Despite the rumblings of a forthcoming listing, CVC Capital Partners remains undecided. There is talk that the firm might push the listing date beyond the anticipated spring or early summer timeframe. This ongoing deliberation leaves the market in anticipation of the firm's final decision.

Past Delays in IPO Plans

Last November, CVC Capital Partners put the brakes on its initial plans for a European IPO, with the target to raise approximately 1 billion euros, a little over $1 billion, based on current exchange rates. At that time, insight from a person with direct knowledge of the plans was shared by Reuters.

With a command over approximately 188 billion euros in assets under management, as stated on their website, CVC Capital Partners is a titan in the industry. However, when approached for comments on the latest developments, the firm did not immediately respond.

PrivateEquity, IPO, Amsterdam