CVC Looks for November Pricing

CVC Looks for November Pricing

Brazil Equity

CVC Brasil Operadora e Agencia de Viagens is preparing to launch its IPO this week or next, targeting about $450m-equivalent, according to people following the process. The travel services provider held pre-education meetings last week, and would be expected to price in mid to late November. The all-secondary share transaction represents a second attempt for controller Carlyle to sell down its position, after filing in 2011. US private equity firm Carlyle holds 63.2% of CVC, with almost all of t

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