Major update about sale of fast-food chain after Asda billionaire brothers plotted takeover
While bidders have been banned from joining forces, three private equity firms are now planning to do so to bring in enough capital for a potential takeover bid.exploring the possibility of a sale back in FebruaryIn a statement, the firm said: "There is no indication of timing or assurance that a sale will occur.
"The management team remains committed to the future and will continue to execute against its multi-year transformation journey, which includes a focus on menu innovation, modernization of restaurants and improvements to its overall guest experience.
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