Wednesday, July 22, 2009

Lenders take control of Chez Gerard owner

The Chez Gerard and Bertorelli restaurant chains came under new ownership on Monday when lenders to Paramount Restaurants took control of the company.
Bankers to Paramount Restaurants, the owner of Chez Gerard and Bertorelli, acquired the controlling stake from Silverfleet Capital, the private equity company, for an undisclosed sum.

Read more:
http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article6721216.ece

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