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THE owner
of more than 160 restaurants under the Cafe Rouge and Bella Italia
brands has been sold in a deal worth for £267 million.
Tragus has
been bought by private equity firm Blackstone while the restaurant
company's management team - led by chief executive Graham Turner -
have also taken a significant stake in the business.
Under its
previous owners, Legal & General Ventures, Tragus developed Bella
Italia into a chain of 67 sites, while it enjoyed strong
like-for-like growth at Cafe Rouge.
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