Jamie Oliver launched his Italian chain in 2008. At its peak it had more than 40 restaurants in the UK PAUL MILLER/EPAA German turnaround specialist was in advanced talks to acquire Jamie Oliver’s restaurant business until the day before administrators were called. Aurelius Group, a Munich-listed investment firm, was set to acquire a majority stake in a deal that would have given the business up to £10 million of new funding, The Times has learnt. Aurelius is understood to have been the preferred bidder from a shortlist that included Endless, another turnaround investor, and the Carlyle Group, the private equity firm. The German group’s investments include Ideal Shopping Direct,…

Source: The Times May 22, 2019 23:02 UTC