Wagamama a tasty morsel for Duke St

NOODLE chain Wagamama is on the verge of being sold to a London-based private equity firm for £215 million.

By The Newsroom

Published 9th Mar 2011, 21:43 BST

Updated 10th Mar 2011, 20:47 BST

It is believed that Lion Capital, which owns a majority stake in the popular restaurant business, is in the final stages of talks with private equity firm Duke Street.

If it goes through, the deal would deliver a hefty profit for Lion Capital which bought its holding in the business for 100m in 2005.

Wagamama London