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LEGAL | Staff Reporter, UK
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Pod could face administration: report

The restaurant chain is considering whether to accept the £2.7m offer of Azzurri Group.

Pod could be in danger of entering administration, according to a report from The Times.

The restaurant chain is considering whether to accept the £2.7m offer of Azzurri Group, which operates Ask Italian and Zizzi.

If accepted, the deal would then wipe out over a hundred of its investors which are reported to include top bankers and a former cabinet minister.

Pod declined to comment.

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