CVC Capital Partners has entered the race to buy Center Parcs, the popular chain of family holiday villages, according to Sky.
Sky reported that the private equity backer of the Six Nations rugby championship is among the suitors of Center Parcs and is expected to table an indicative proposal to buy the six sites in the UK and Ireland ahead of a bid deadline later this month.
City sources said that a number of infrastructure funds, including French-based Antin, were also exploring whether to make offers for the company.
Industry sources suggest Centre Parcs could fetch £4bn to £5bn which would net its Canadian owner a tasty windfall after paying just £2.4bn for it in 2015.
If CVC does table a bid, it would be through its long-term Strategic Opportunities fund, the report said.