CVC Rises After €2 Billion IPO in Europe’s Best Debut in Years

CVC Capital Partners Plc shares soared after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process for one of Europe’s marquee private equity firms to a resolution.

At the open in Amsterdam, the stock jumped 24% from the IPO price of €14, the best performance for a $1 billion-plus offering on a European exchange in more than three years, according to data compiled by Bloomberg.

The firm’s strong debut will help further bolster Europe’s market for IPOs, which is stirring back to life after being dormant for much ...