CVC Said to Prepare Bid for Blackstone’s Center Parcs

Lock
This article is for subscribers only.

CVC Capital Partners, one of Europe’s largest private-equity firms, is preparing a bid for U.K. holiday parks operator Center Parcs U.K., said two people with knowledge of the matter.

The private-equity firm has held talks with advisers about financing options for the Blackstone Group-owned company, which is valued at about 2.5 billion pounds ($3.8 billion), said the people, who asked not to be identified because the talks are private.