The possible exclusion of Verisure may set off alarm bells over IPOs
The fact that the company may leave the Stock Exchange underlines the difficulties in placing the private equity portfolio.
Verisure, a security company, went public in Stockholm in what was expected to be a triumph for European private equity firms. However, just a year later, CVC Capital Partners is considering a bid to take Verisure private again, as its shares are struggling. If the deal happens, it would be profitable, but also a warning to the sector. European private equity firms have an estimated $4 trillion in unsold assets.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
