Pret a Manger
Travers reprises Bridgepoint role on Pret sale with Freshfields leading for JAB
May 29, 2018 at 06:48 AM
1 minute read
Travers Smith and Freshfields Bruckhaus Deringer have won lead roles on the sale of Pret a Manger to German investment group JAB Holdings for a reported £1.5bn.
The sandwich chain is being sold by private equity house Bridgepoint, which bought it in 2008 for £364m. The City firm previously advised Bridgepoint on its acquisition of Pret, with former PE head Charles Barter, who subsequently joined Bridgepoint as GC, leading the team.
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