Published:
Byron owners launch bid: report
The burger chain employs 1,200 people.
The owners of burger restaurant chain Byron has asked KPMG to begin contacting potential buyers, Sky News has reported.
The chain employs 1,200 people at 51 outlets across Britain.
Sources close to the process told Sky News that other options would be explored alongside a sale, including a refinancing under the existing majority shareholder, Three Hills Capital Partners.
It is also examining whether it can access any of the Treasury's emergency lending programmes, having already used the Coronavirus Job Retention Scheme to subsidise staff wages.
Read the full report here.
