Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

CVC co-founders have combined €2.6bn fortune, IPO prospectus shows

Fermin Lopez of Barcelona challenges Fran Garcia of Real Madrid in match at Santiago Bernabeu Stadium on Sunday
CVC’s investments include a media rights deal for Spain’s LaLiga. Photograph: Rubén Albarrán/Rex/Shutterstock

Three co-founders of CVC Capital Partners, the private equity firm that bought up and then sold Formula One, have built up a combined €2.6bn (£2.2bn) fortune, according to the company’s prospectus published in the run-up to its stock market float.

Donald Mackenzie, 66, holds 7% of CVC’s shares that would be worth just over €1bn if the company achieves its €15-per-share price target when it lists its shares on the Amsterdam stock market on Friday. He is planning to sell shares worth up to €150m in the initial public offering (IPO), the company said in the prospectus.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.