A buyer is being sought for online travel agent Opodo by majority shareholder Amadeus.
A sale could be concluded by the end of the year after investment bank JPMorgan was hired as an advisor, according to reports
Amadeus has controlled London-based Opodo since 2004 but does not see the ownership as a strategic future fit.
Opodo, which is 99.4% owned by Amadeus, competes with US rivals such as Expedia, Priceline.com and Orbitz Worldwide.
Amadeus, JPMorgan and Opodo declined to comment.