Restaurants will toast a summer of deals, says boss of Franco Manca
Hospitality bosses and investment bankers are predicting a takeover deals bonanza this summer as pub and restaurant sales rebound sharply after the pandemic.
Mike Saul, head of hospitality and leisure at Barclays Corporate Banking, said he has around two dozen potential deals on the table, ranging from £10million to £250million, as investors race to inject millions into pandemic survivors set for rapid growth or buy them outright.
Since the start of the year, Barclays has worked on the deal teams…
