Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says

Euronext boss Stéphane Boujnah said the long-awaited trading debut of private equity group CVC Capital Partners shows that Europe's initial public offering market is back on track.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyThe stock had opened at more than 17 euros per share, significantly above the 14 euro offer price, reaffirming strong investor appetite for the company. The IPO is widely expected to be one of Europe's largest this year.

"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Boujnah told CNBC's"Squawk Box Europe" on Friday.Boujnah said the Euronext platform, the largest stock exchange in Europe and one of the largest in the world, had welcomed 11 stock listings since the beginning of the year.

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