Deals Rumor Mill: Wyndham, Goldman Sachs, Ping An

New Jersey-based Wyndham Worldwide Corp., the holding company of the hotel and resort chain of the same name, is reportedly in serious talks to sell its European vacation-rentals unit to private equity firm Platinum Equity Partners, The Wall Street Journal reported Wednesday. According to the report, the deal, which could be unveiled in the next few days, values the business at roughly $1 billion, including debt. The Journal added that the potential sale comes after the hospitality giant in August announced plans to turn its hotel...

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