CVC co-founders have combined €2.6bn fortune, IPO prospectus shows
by Rupert Neate Wealth correspondent from World news | The Guardian on (#6M8MC)
Trio include Donald Mackenzie, who is planning to sell shares worth up to 150m in private equity firm's listing
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.
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