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Amidst £750m float talks, Yo Sushi parent kicks off talks with potential buyers: report
The dual-track process is seen as a turnaround in the chain’s performance.
The owner of the YO! Sushi restaurant chain kicking off talks with prospective buyers following a string of takeover approaches.
Sky News reported that Snowfox Group and its shareholders have asked advisers to canvas interest from bidders.
The process comes as Mayfair Equity Partners, the company's majority shareholder, continues to explore the possibility of an initial public offering (IPO) for Snowfox this year, which could value the company at approximately £750 million.
