CVC Weighs Sale of Hotel Booking App Good Choice, Sources Say
- PE firm is working with financial adviser on possible deal
- A potential sale process could kick off later this year
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CVC Capital Partners is exploring a sale of South Korean hotel and travel booking app Good Choice Co., according to people familiar with the matter.
The private equity firm is working with a financial adviser and a potential sale process could kick off later this year, the people said, asking not to be identified discussing confidential information. The asset could be valued at $1 billion to $1.5 billion in a transaction, the people said.