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0 0 -0.000786472670074698 0.000393236335037419 -0.00589854502556031 -0.00471883602044819 -0.00117970900511198 -0.00117970900511198
Stock impact report

CVC gears up for potential November IPO -source [Reuters]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Reuters
A final decision on timing has not been made and could change, said the person, who was speaking on condition of anonymity because the plans remain private. A spokesperson for CVC was not immediately available for comment. A listing this autumn taps into bolstered sentiment for IPOs following the successful IPO of chip designer Arm Holdings in the U.S. CVC is planning its listing in Amsterdam, the person said. The IPO would mark one of the biggest from the European private equity sector, with CVC valued at around $15 billion after selling a minority stake to Blue Owl Capital Inc in 2021, according to Bloomberg News, which reported on the plans earlier on Tuesday. The company manages about 90 billion euros ($96.1 billion) of private equity assets and its credit platform has 38 billion euros in assets, according to its website. ($1 = 0.9362 euros) (Reporting by Anousha Sakoui in London; Editing by Josie Kao) Show less Read more
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