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Caffe Nero backs management bid BBC News Caffe Nero agrees to a £225m management buyout led by the coffee chain's founder and chairman Gerry Ford. Caffe Nero Agrees to Management Buyout AP via Yahoo! Finance Caffe Nero Group PLC, a British coffee shop chain, said Thursday it agreed to a sale of the business to its own management for about 222 million pounds . Ford seeking to take Caffe Nero private The Herald Coffee shop chain Caffe Nero is being taken private by its founder and chief executive Gerry Ford as a first step in his plan to take the business international. Small investors fume as founder buys Caffe Nero Daily Telegraph Gerry Ford, founder of coffee bar chain Caffe Nero, is taking the company private in a £225m deal. Ford claims £235m Caffè Nero buyout was forced on company Times Online Smell the coffee Gerry Ford, the founder and chief executive of Caffè Nero, said that the group had been forced into going private in a 270p-a-share deal because of reluctance among some investors to back a foreign expansion. Caffe Nero agrees £225m bid FT.com via Yahoo! UK & Ireland Finance Caffe Nero on Thursday said it had agreed a 270p a share cash bid from chief executive Gerry Ford and private equity group Paladin Associates, its two leading shareholders. Caffe Nero agrees to management buyout Reuters.co.uk LONDON (Reuters) - Caffe Nero Group Plc said on Thursday it had agreed on a recommended 270 pence per share cash offer for the company from a newly established firm led by the coffee bar chain's chief executive. Rome Bidco makes 225 mln pound bid for Caffe Nero Reuters.co.uk LONDON (Reuters) - Coffee bar chain Caffe Nero Group Plc said on Thursday it had agreed on a recommended 270 pence per share cash offer for the company from Rome Holdco. Billionaire Buys Back U.K. Coffee Chain Forbes Caffe Nero agreed to a ??????225 million management buyout led by Gerald Ford, the founder and chairman. Caffe Nero agrees to management buyout Interactive Investor Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
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