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FOOD SERVICES | Staff Reporter, UK

Patisserie Holdings mooted to bid for Gail's Bakery

Shares in Patisserie Valerie’s owner rose 6.2p to 359p.

According to the Evening Standard, Patisserie Valerie is expected to tap shareholders for £35 million to help buy the company, which could go for more than £150 million, industry sources said. The deal is not expected to go through before March. 

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