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caffe-nero-camden-london-B5YCYB.jpg?profile=RESIZE_400xThe billionaire brothers behind petrol forecourt business EG Group have made a bid for coffee shop chain Caffè Nero.

The Issa brothers, who are also buying Asda for £6.8bn, made the offer over the weekend to Caffè Nero's founder and controlling shareholder, Gerry Ford.

The bid, which was first reported by Sky News, comes hours before the chain learns if landlords will agree to cut its rent bill amid a slump in trade.


BBC News


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