Burger chain Five Guys flips debt with £185m refinancing
The burger chain Five Guys will this week announce a £185m refinancing as it seeks to expand its European estate in a challenging climate for restaurant operators.
The telecoms billionaire Sir Charles Dunstone is seeking new investors to take a big stake in Five Guys Europe, the casual dining brand he launched in Britain more than a decade ago.
The advisory firm which oversaw a controversial costs purge at Manchester United Football Club is being sold to the owner of Burger King's British operations in a deal worth more than £800m.
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The private equity backer of Burger King UK has injected millions of pounds of new funding as part of a deal which paves the way for their partnership to be extended into the 2040s.
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