Casual Dining Group working with advisers over potential restructuring

6,000 jobs are at risk.

Casual Dining Group (CDG), the owner of the Bella Italia and Cafe Rouge restaurant brands, has confirmed that notice of intent to appoint administrators has been filed at the High Court.

The restaurant group, which also operates the Las Iguanas chain, said the move will give the firm 10 days of breathing space to consider “all options” for restructuring.

Earlier, the company confirmed that it is working with advisers from corporate finance firm AlixPartners over a potential restructuring programme aimed at putting the restaurant group on a sustainable footing.

CDG is the latest company to seek administrators as the coronavirus pandemic harms the performance of the restaurant sector.