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Evening Standard
Evening Standard
Business
Jonathan Prynn

Richard Caring "considering selling a stake in The Ivy Collection"

Richard Caring Ivy The Ivy

Richard Caring is reportedly considering selling a major stake in his Ivy Collection of restaurants in a deal that could value the business at around £1 billion.

According to Sky News the restaurateur has approached bankers at HSBC - a major lender to his companies - about advising on a potential sale. However, he is said not to have taken a final decision.

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