, UK

Carluccio's mulls sale of business

The brand is seeking a buyer after it denied a restructure earlier in March.

The Financial Times reported that KPMG has approached turnaround specialists and private equity groups, including Duker Street, over a possible sale.

Accounts show revenues at Carluccio's rose 2.7% to £140m in the year to September 2016, but pre-tax profits fell from £5.2m to £982,000.

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