CVC to acquire ODEVO

CVC has agreed to acquire ODEVO, a real estate business, in a private equity acquisition announced on 26 September 2024. The transaction involves the purchase of the target company by the investment firm, though the specific financial consideration and currency for the deal were not disclosed to the public. No details regarding the countries of operation for either the buyer or the target were reported in the available information.

The deal is currently in the review phase, pending further developments before completion. Regulatory approval and other standard conditions remain outstanding as the transaction has not yet been finalised. The parties are expected to proceed with the necessary steps to close the acquisition once all required clearances are obtained. This summary reflects the known facts regarding the structure and current status of the proposed business combination.