CVC Eyes Aldermore Bid and Deoleo Exit as Shares Trade at €15.08
Updated
Updated · Yahoo Finance · Aug 21
CVC Eyes Aldermore Bid and Deoleo Exit as Shares Trade at €15.08
1 articles · Updated · Yahoo Finance · Aug 21
Summary
CVC Capital Partners returned to focus after reports tied it to a potential bid for UK lender Aldermore and asset sales that could pave an exit from Spanish olive oil producer Deoleo.
€15.08 shares slipped over the past day and week, but CVC is still up 4.6% over 30 days and 15.6% over 90 days, signaling renewed momentum despite a 7.8% one-year total return decline.
€17.04 is the fair value in the most-followed valuation narrative, implying CVC is 11.5% undervalued as new Europe/Americas and Asia funds and fundraising support fee-generating growth.
16.3 times earnings still leaves debate over upside, with CVC trading above the European capital markets industry's 13.8x P/E and facing risks from slower fundraising and weaker exit markets.