By Anousha Sakoui
LONDON (Reuters) – Private equity firm CVC has postponed plans to launch a European initial public offering (IPO) this year, a person with direct knowledge of the plans said on Wednesday.
The London based buyout group decided not to go ahead with the listing due to unfavorable market conditions, the person said, speaking on condition of anonymity.
CVC did not immediately reply to a request for comment.
(Reporting by Anousha Sakoui; editing by Dhara Ranasinghe)
