LONDON: Buyout firm CVC Capital Partners and Singapore’s sovereign wealth fund GIC Pte are among firms considering bids for a stake in the US$6.4bil European settlements giant Euroclear, according to people familiar with the matter.
The Brussels-based company, which counts London Stock Exchange Group Plc as a shareholder, is planning to decide in the coming days whether to pursue a stake sale or an initial public offering of the business, the people said, asking not to be identified as the matter is private.
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