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CVC moves closer to bpost IPO

Private equity firm picks NYSE Euronext for the initial public offering of the Belgian postal operator, expected to begin next month

Private equity-backed listings are continuing to gather pace with the announcement that CVC Capital Partners is to sell part of its stake in Belgian postal operator bpost via an initial public offering on NYSE Euronext in Brussels.

The Belgian postal operator said today that it plans to list a minority stake held by the private equity firm on the Brussels exchange.

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