News

Wagamama owners hint of possible sale

August 2, 2010

Several news reports out of Europe have indicated that the privaty-equity owners of Wagamama are looking to sell the company.

The restaurant chain is owned by Lion Capital, which is mulling over the sale for an estimated 250 million pounds (U.S. $330 million). According to BBC News, Lion has an 88 percent controlling stake in Wagamama and last tried to sell the business in 2007.

The restaurant chain has 105 outlets, 66 in the United Kingdon and another 39 overseas.