It took just a few weeks into the new year for speculation over CEVA’s future to re-appear: the latest is that Apollo Global Management is to take CEVA public via a $1.5bn IPO before Easter.
Citing a “source close to the situation”, the New York Post says the decision has been made – and Apollo is “not looking back”.
Apollo, as usual, gave The Loadstar “no comment”. CEVA however, while pushing out the …
The post Reluctant parent Apollo planning IPO for CEVA – which has M&A ambitions appeared first on The Loadstar.
Source: The Loadstar