Wednesday, April 20, 2022
D & D London, which manages restaurants in the capital including the Bluebird in Chelsea, and the Coq d'Argent in the City, is to consider a sale follows previous talks with a London investment firm which failed.
According to Sky News, LDC has asked Interpath to go into talks with interested parties, following an unsuccessful bid by investment firm Montecito Equity Partners.
Sky News reported that LDC, the private equity arm of Lloyds Banking Group, which will hold a majority share of the company at issue since 2013, has asked Interpath Advisory to start a sale process for the group, valued at around £100 million.