Article 6QH7Z Richard Caring ‘close to £1bn sale of Ivy chain to private equity group’

Richard Caring ‘close to £1bn sale of Ivy chain to private equity group’

by
Sarah Butler
from World news | The Guardian on (#6QH7Z)

Little-known Si Advisers to acquire more than 40 Ivy Collection restaurants, according to report

Richard Caring and fellow shareholders are reportedly close to selling the Ivy chain of restaurants for 1bn to a little-known private equity group.

The chain of more than 40 restaurants in the UK is poised to be bought by Si Advisers within weeks, according to Sky News.

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