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| Subject: Little Chef goes into administration | |
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Author: Bob |
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Date Posted: 02:34:13 01/04/07 Thu Little Chef – home to many a hungry biker over the years - has called in the administrators after failing to find a buyer. PricewaterhouseCoopers has been able to sell 196 of the group's 235 restaurant sites to private equity company RCapital, saving "the majority" of its 4,000 jobs, but the future of the rest of the business is “under review”. PwC joint administrator Ian Green said that while it was "disappointing" that efforts to save the group – said to be losing up to £3m a year - failed he was "delighted" recent negotiations would see almost 200 Little Chef restaurants continue trading. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re: Little Chef goes into administration | Oli | 03:35:26 01/04/07 Thu |
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