Billionaire Richard Caring has agreed the sale of his entire Ivy restaurants stake, according to a report in The Times – but mystery surrounds the identity of the buyer, Citing sources in the City, the paper reported that Carling had turned down a £700m offer from Sheikh Mansour’s Abu Dhabi Investment Authority for his stake […]
Richard Caring is reportedly looking to cash in his stake in the 50-strong Ivy group of restaurants for a fee in the region of a billion pounds – while also planning to revive the iconic Le Caprice brand. According to the Sunday Times, HSBC began circulating marketing documents in the City last week to sound out […]
