Mr. Edi Truell, Founder of the “Duke Street” private equity firm, is working on a joint bid to purchase the successful British restaurant chain. The deal could reach €610 million, as an array of investors have made tentative approaches for Wagamama. The chain runs 160 restaurants globally (including 120 in the U.K.), with a presence in the U.S. and internationally. Last year, a typical Wagamama restaurant recorded an average turnover of €1.92 million/ year. In the nine months to January...
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