European Buyout Firm CVC Capital Is Said to Postpone Planned IPO

Nov. 1, 2023, 4:55 PM UTC

CVC Capital Partners, one of Europe’s biggest private equity firms, is postponing its planned Amsterdam initial public offering amid increasing market turmoil, people with knowledge of the matter said.

The buyout firm, which was preparing to kick off its listing in late October, has now decided to put the share sale on hold, the people said. It could revisit the IPO next year after investor sentiment improves, according to the people.

CVC’s backers had been considering selling about a 10% stake through the IPO to raise at least €1.5 billion ($1.6 billion), the people said. It’s been a precarious ...

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