CVC Capital Partners €1.9 billion sale of 15.5% stake in Abertis Infraestructuras

Overview:

• CVC Capital Partners, via Trebol International, has sold a 15.5% stake in Abertis Infraestructuras for €1.9 billion through an accelerated bookbuild and share sale.
• The sale was completed via two accelerated bookbuild addressed to qualified and institutional investors, a block trade, and a sale of shares to Abertis Infraestructuras.
• The first share issue in March 2015 raised €1.1 billion, and was placed by UBS. The second, in November 2015, raised €818 million, and was placed by Bank of America Merrill Lynch.

Wai Yee Tsang - Journalist