
The private equity giant that owns Lipton Teas and a stake in the Six Nations revealed plans today for the biggest European flotation by valuation since 2022.
Luxembourg-based CVC plans to raise at least €1.25 billion (£1.07 billion) in the float on Euronext Amsterdam, which would value it at around €15 billion. That would make CVC the biggest company to IPO in Europe since Porsche in 2022.