CVC CVC Capital Partners plc

A pair of companies delayed their IPOs, sending a ripple of anxiety through the US market as investors wait for Anthropic PBC’s hotly anticipated debut to materialize.

The RAC, Britain's oldest breakdown recovery service, is shelving plans for a multibillion pound London stock market listing in favour of a deal that will see two of its three shareholders offloading their stakes in a private transaction. Sky News has learnt that the RAC and its investors have commenced work on a so-called continuation vehicle which will involve CVC Capital Partners remaining an investor in one of the UK's best-known motoring services brands. The RAC's other shareholders - Singaporean state investment fund GIC and Silver Lake Partners - are in advanced talks to sell their stakes to CVC and other investors, according to people close to the discussions.

The buyout group named TPG executive Todd Sisitsky and company insider Peter Rutland as co-chiefs as it outlined its leadership succession plan.

CVC Capital Partners has closed its sixth global secondaries fund at $10 billion, the largest secondaries fund to be raised by a European manager so far this year, as the strategy continues to attract capital. Secondary Opportunities Fund VI is almost double the size of its predecessor, which raised $5.8 billion in 2023 and, in turn, was twice the size of Fund IV, which closed on $2.7 billion in 2019. The largest secondaries vehicles to be raised globally this year include Clipway’s $6.4 billion

The sports and media investment group which owns the Italian football giants AC Milan has begun exploring a deal to become a major backer of English domestic professional rugby. Sky News has learnt that RedBird Capital Partners is in preliminary discussions with stakeholders including CVC Capital Partners, the majority-owner of Global Sport Group (GSG), which is the single-biggest shareholder in Premiership Rugby Limited (PRL).

CVC Capital Partners stock reacts to fresh deal activity CVC Capital Partners (ENXTAM:CVC) is back in focus after reports linked the private equity group to a potential bid for UK lender Aldermore and a possible exit from Spanish olive oil producer Deoleo through asset sales. See our latest analysis for CVC Capital Partners. At a share price of €15.08, CVC Capital Partners has pulled back over the past day and week, yet its 30 day share price return of 4.6% and 90 day share price return of...

A deal that includes Standard Life, CVC and Goldman Sachs is the latest to tap an increasingly popular source of investor cash.

Funds run by Alchemy Partners and CVC Capital Partners are “analysing potential strategic alternatives”, Deoleo says.

The consortium consists of CVC Capital Partners, PFI, Goldman Sachs and MS&AD Insurance Group, together with other long-term institutional investors.

The race to buy Aldermore, the South African-owned challenger bank ensnared by the scandal over motor finance mis-selling, will intensify next month when private equity firms including CVC Capital Partners lodge offers for the company. Sky News has learnt that CVC Capital, which owns stakes in companies such as the RAC and Six Nations Rugby, has been laying the groundwork for months to bid for Aldermore. Aldermore was put up for sale earlier this year amid anger at FirstRand, its parent company, about the City watchdog's proposals for a £9bn motor finance mis-selling compensation scheme.

International Flavors & Fragrances (NYSE:IFF) reported higher second-quarter sales and earnings across its continuing operations, supported by volume growth, productivity gains and improved working capital management, while outlining capital-allocation plans tied to the pending sale of its Food Ingr

IFF misses Q2 earnings estimates as sales rise y/y, while portfolio changes, growth across key segments and a new buyback shape its outlook.

Strong fundraising and portfolio performance position CVC for future growth despite near-term deployment headwinds.