CVC

CVC is a private equity firm that has been in the news recently due to its sale of a significant stake in Tendam, a Spanish textile company owning brands like Cortefiel, Springfield, and Women'Secret. Last summer, CVC, along with Pai Partners, sold nearly 68% of Tendam's shares to 2PointZero, an Abu Dhabi-based group formerly known as Multiply. This marks a new phase for Tendam under Emirati capital. Separately, while not directly related to CVC's activities, Francisco Reynés, the executive chairman of Naturgy, an energy company, has had his mandate extended until 2030 with shareholder approval. This is relevant as private equity firms like CVC often invest in and influence companies like Naturgy, highlighting the broader context of investment and leadership within major corporations.