CVC to Retry IPO

CVC to Retry IPO

Brazil Equity

CVC Brasil Operadora e Agencia de Viagens has filed for an IPO, according to the CVM, with the all-secondary transaction representing a second attempt for controller Carlyle to sell down its position. The travel services provider filed initial documents in 2011, and was one of many Brazilians that elected not to launch amid complicated market conditions during that period. US private equity firm Carlyle holds 63.2% of CVC, with almost all of the remainder held by the founders. The sellers do not

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