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CVC agrees minority investment valuing CDN77 at around $1.9 billion

Verifying
  • CVC agreed to buy a minority stake in Prague-based internet infrastructure provider CDN77.
  • The transaction values CDN77 at around $1.9 billion, according to a source familiar with the matter.
  • Founder Zdenek Cendra will retain majority ownership and remain chief executive officer after the deal.
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