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The billionaire Issa brothers who recently bought Asda for £6.8billion are poised to make a takeover bid for struggling Caffe Nero after buying up the company s debt. Mohsin, 49, and Zuber Issa, 48, could be due to take control of the coffee chain after purchasing around £140million in loans from Swiss private equity firm Partners Group via investment bank Morgan Stanley, the Sunday Telegraph reports. Buying up the debt pile puts the Issa brothers in a strong position for takeover if Caffe Nero defaults on the £145million of senior ranking debts due to be repaid in 2022. City sources told the Sunday Telegraph that Partners Group had written to Caffe Nero s boss Gerry Ford, 62, on Friday over concerns that the company may breach banking covenants - the restrictions laid out in a lending agreement. ....
Jobs on offer as new Card Factory looks set to open in Royal Leamington Spa Planning has also been submitted for signage Jobs are available at a new Card Factory outlet in Royal Leamington Spa Never miss another Warwickshire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Jobs are on offer as a new Card Factory store looks set to open in Leamington Spa. ....
7 best coffee shops in Hull perfect for meeting a friend outdoors We have lined up the best places in the city to enjoy a delightful cup of coffee outdoors We are now able to enjoy a coffee outdoors in a local coffee shop (Image: Artisan Coffee and Art/Getty Images) Sign up to the Hull Live newsletter for daily updates and breaking newsInvalid EmailSomething went wrong, please try again later. Sign up here! When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice ....
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Does the arrival of Costa Coffee spell the end for Japan's independent cafes? japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.