CVC Capital Partners has entered into exclusive negotiations with French industrial holding company Evolem for the acquisition of its majority stake in listed insurance firm April Group.
Vehicle was registered in Luxembourg in September 2018 and held a first close earlier in the year
Fund will follow the same strategy as its predecessor, Accel London V, which raised €500m
GP sells Dutch petrochemical business BRB to Malaysia-based peer Petronas Chemicals Group
GP acquires a 37.5% stake in the low-calorie drinks brand and typically writes cheques of up to £10m