EUROPE/MIDDLE EAST/AFRICA

摘要

Private equity house CVC exited its five-year holding in London-listed Czech virus software company avast on Tuesday night, picking up £443.7m in the process. Jefferies was sole bookrunner in the offering of CVC's remaining 120.9m shares in Avast, representing 12.4% of existing share capital and approximately 75 days' trading. The sale followed a competitive process and Jefferies had already received significant reverse enquiry about a trade. There had also been good traction on a management roadshow around Avast's half-year numbers in mid-August, which had been positive.