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UK - Bridgepoint emerges as likeliest buyer for Prêt in £350m deal

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According to reports, Bridgepoint is set to buy 200-strong sandwich chain PrУЊt A Manger from its consortium of vendors for ТЃ350m. Rothschilds was hired last year to run a sale process. A price tag of ТЃ400m was originally suggested but it is understood that a number of interested buyers have since dropped out.

Prêt was founded in 1986 and is currently owned by its two founders and McDonalds. It is thought that the two founders will retain a 20% stake in the Bridgepoint-owned entity. An announcement is expected in the next week.
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