Wednesday, 9 November 2011

Rex restaurateurs buying back business but eyeing new investors

An imminent deal is likely to see the operators of London's The Wolseley restaurant regain full control of their operations, three years after their co-owners fell into administration.

Mark Kleinman from Sky News has reported that Jeremy King and Chris Corbin, the founders of Rex Restaurant Associates, are expected to buy back the chunk of the company that has been controlled by BDO Stoy Hayward, the administrators handling the responsibilities of…

http://www.bizsale.co.uk/blog/entrepreneur/3117/rex-restaurateurs-buying-back-business-but-eyeing-new-investors

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