PARIS (Reuters) – Sodexo has entered exclusive talks with buyout firm CVC on a deal about its restaurant check unit, French business daily Les Echos reported on Monday, citing sources close to the talks.
Sodexo is prepared to sell 20 to 30% of the unit which could be valued at as much as 4 billion euros ($4.29 billion) to CVC, the report said.
($1 = 0.9322 euros)
(Reporting by Tassilo Hummel, editing by Sarah Morland)