CVC Limited
ASX:CVC ISIN:AU000000CVC1
CVC Limited is engaged in provision of investment, development and venture capital; property finance and development; investment in listed entities, and fund management. The Company operates in segments, which include private equity and venture capital; listed investments; property; funds management, and controlled investees.
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News
Yesterday Australian shares closed slightly higher after staging a late-afternoon rally as Washington promised to shore up Citigroup. Miners surged while banks pared their losses. The benchmark S&P/ASX200 index rose 0.25%, or 8.6 points, to close at 3425.1, while the All Ordinaries index was up 0.1%, or 1.9 points, at 3388.8. Analysts anticipate the markets a stronger performance with the good news.
The December Share Price Index futures contract on the Sydney Futures Exchange was up 144 points, or more than 4%, at 3600 in recent trading.
Backed by CVC Ltd, CVC Sustainable Investments aims to raise $30 million to fund investments in expansionary companies making a real difference to the environment. With targeted returns of over 20 per cent, the financial rewards are also compelling.
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