LONDON, April 15 (Reuters) - CVC Capital Partners said
on Monday it planned to list its shares on Euronext Amsterdam
despite the conflict in the Middle East, in one of the most
highly anticipated initial public offerings in Europe this year.
The company and its backers aim to raise at least 1.25
billion euros ($1.33 billion) through the sale of new and
existing stock.
London-headquartered CVC is the latest buyout group in
Europe to attempt an IPO, following in the footsteps of rivals
like Bridgepoint and EQT.
EQT has seen its share price rise nearly 50% in the last six
months and is up more than 17% so far this year.
With potential interest rate cuts ahead boosting stock
markets, bankers are hopeful for a revival in new stock listings
in the coming months, following a string of deals in the first
quarter of the year.
($1 = 0.9385 euros)