LONDON-Wagamama, the noodle restaurant chain, is listed for sale by Lion Capital, a private equity firm, for $359.3 million. Rothschild ROT.UL will be entrusted with the task of finding a buyer for the restaurant.
A 70% stake in Wagamama is controlled by Lion and the firm attempted to sell the restaurant after drawing a flotation of 250 million pounds in 2007. Meanwhile, BC Partners BCPRT.UL is ready to sell Picard Surgeles, the French frozen-food store, to Lion Capital. For the full story, go to Reuters.
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