CVC explores Verisure take-private bid a year after listing, FT reports
CVC explores Verisure take-private bid a year after listing, FT reports Oct 21 (Reuters) - Buyout firm CVC CVC.AS is exploring a bid to take Swedish-listed security company Verisure VSURE.ST private, the Financial Times reported on Wednesday, citing people familiar with the matter.
The reported move comes less than a year after its stock market debut when it was listed by private equity group Hellman & Friedman at a valuation of 13.7 billion euros ($15.39 billion).
The company is now valued at 9.70 billion euros, according to LSEG data.
Reuters could not immediately verify the report.
($1 = 0.8900 euros)
(Reporting by Ananya Palyekar in Bengaluru; Editing by Vijay Kishore)