Sodexo in talks with CVC on restaurant check business

2022.04.25 16:50

FILE PHOTO: The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, November 30, 2018. REUTERS/Gonzalo Fuentes/

PARIS (Reuters) – Sodexo (EPA:EXHO) 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)

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