Cote restaurant's owner cooks up fresh capital injection
The owner of the Cote restaurant chain is exploring the option of injecting new funding into the business and retaining control after two months of talks with potential buyers.
The private equity backers of David Lloyd Leisure, the premium health and fitness clubs chain, are close to finalising a £2bn deal that will see it continue as the company's long-term owner.
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Standard Chartered bank could cut more than 7,500 jobs as it seeks to replace "lower-value human capital" under a technology and artificial intelligence (AI) drive.
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