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CVC Capital Exclusive: Inside The Potential $1.5bn Sale of Hotel Booking App

CVC Capital Partners, a notable private equity firm, is currently evaluating the possibility of selling Good Choice Co., a popular South Korean hotel and travel booking application.

CVC Capital Partners is a Luxembourg-based private equity and investment advisory firm with approximately US$155 billion of assets under management. Photo: Getty Images

This potential sale is anticipated to commence later this year, with the involvement of a financial advisor to guide the process.

Sources privy to the matter, who have requested anonymity due to the confidential nature of the information, suggest that the sale could value Good Choice between $1 billion and $1.5 billion.

While discussions are still in the preliminary stages,

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