Burger chain Five Guys hunts new investor to flip stake
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 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 sports investment arm of Saudi Arabia's sovereign wealth fund is buying a stake in the body which organises professional triathlons around the world.
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