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Bakery chain’s creditors and shareholders attack firm for taking on administrator role
Credit: FT.com - Published 3 weeks ago

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Recently-published documents have stated that the accounting black hole affecting troubled café' chain Patisserie Valerie is now at least £94M – more than..
Credit: Mondaq - Published on March 28, 2019

KPMG report finds café chain’s initial estimates overstated cash position by £54m
Credit: FT.com - Published on March 16, 2019

The cafe chain's deficit is larger than first thought and may warrant further legal action, a report says.
on March 15, 2019 • BBC News
Patisserie Valerie scandal and fears over future of business property relief weigh on returns
Credit: FT.com - Published on March 8, 2019

With fraud allegations engulfing Patisserie Valerie, Nicola Sharp of business crime solicitors Rahman Ravelli emphasises the importance of preventing fraud and..
Credit: Mondaq - Published on March 7, 2019

Private equity firm Causeway Capital says all 96 remaining cafés trading profitably
Credit: FT.com - Published on March 7, 2019

Patisserie Valerie and Greggs in Exeter may be separated by the narrowest street in Britain, but fortunes for the two bakeries are poles apart.
on March 2, 2019 • Exeter Express and Echo
Steve Francis says Causeway Capital made ‘baseless allegations’ about his conduct
Credit: FT.com - Published on March 1, 2019

Chief executive and chief commercial officer shown exit by private equity backers
Credit: FT.com - Published on February 28, 2019

It is a separate deal to the one that saved Patisserie Valerie
Credit: Nottingham Post - Published on February 18, 2019

Six people face arrest over the £40 million fraud at cake shop chain Patisserie Valerie, according to a report in the Sunday Times. The newspaper said that up..
Credit: Brighton and Hove News - Published on February 18, 2019

Thousands of jobs had been in jeopardy across the country
on February 17, 2019 • Sleaford Target
THE Brighton branch of Patisserie Valerie will close despite the company being bought out of administration by an Irish private equity firm, safeguarding nearly..
Credit: The Argus - Published on February 16, 2019

It's good news for around 2,000 employees
Credit: Blackmore Vale - Published on February 15, 2019

Sale comes days after Patisserie Valerie was rescued by Irish investment firm
Credit: Independent - Published on February 15, 2019

Cafe chain Patisserie Valerie has been bought out of administration in a management buyout that is being backed by Irish private equity firm Causeway Capital.
Credit: Express and Star - Published on February 15, 2019

Credit: FT.com - Published on February 15, 2019

Deal saves 2,000 bakers and waiters, but already some 900 jobs have gone and 71 stores closed
Credit: FT.com - Published on February 14, 2019

The firm was facing bankruptcy after fraudulent activity was discovered in its accounts
on February 14, 2019 • Cambridge News
The last store in Gloucestershire is one of the 117 saved
Credit: Gloucester Citizen - Published on February 14, 2019

THE national chain Patisserie Valerie has been bought out of administration by an Irish private equity firm, safeguarding nearly 2,000 jobs.
Credit: The Argus - Published on February 14, 2019

BBC Local News: London -- The cake chain and sister brand Philpotts have been bought out of administration, saving 117 shops.
on February 14, 2019 • BBC Local News
The cake chain and sister brand Philpotts have been bought out of administration, saving 117 shops.
on February 14, 2019 • BBC News
Buyout secures future for the remaining Patisserie Valerie stores - including Exeter
Credit: Torquay Herald Express - Published on February 14, 2019

The cake chain has been bought up by a private equity firm
on February 14, 2019 • Bristol Post
The deal does not include 27 outlets belonging to sister brands Philpotts and Baker & Spice
on February 14, 2019 • Nottingham Post
The private equity backed buy-out will save jobs at the High Street coffee and cake chain.
on February 14, 2019 • BBC News
Staff will transfer to new company; 96 stores to remain open
Credit: Independent - Published on February 14, 2019

The deal does not include 27 sites belonging to sister brands Philpotts and Baker & Spice
on February 14, 2019 • Tamworth Herald
Buyers intend to keep almost 100 stores in UK café chain open
Credit: FT.com - Published on February 14, 2019

This comes just weeks after the Gloucester's Patisserie Valerie suddenly closed
on February 12, 2019 • Gloucestershire Echo
Chain still looking for buyer
on February 11, 2019 • Gloucester Citizen
The retail billionaire announced his bid for the chain on Friday evening
on February 11, 2019 • Tamworth Herald
Mike Ashley has been adding to his retail empire by buying firms out of administration over recent months
Credit: Independent - Published on February 11, 2019

The Sports Direct founder, who has been building up his High Street empire with the purchase of House of Fraser and Evans Cycles, has complained of being shut..
on February 10, 2019 • MailOnline
The retail tycoon made a £15m bid on Friday but administrators say the cafe chain is worth more.
on February 10, 2019 • BBC News
Sports Direct complains of being shut out of bidding process
Credit: FT.com - Published on February 10, 2019

The Mail on Sunday understands Johnson was set to gobble up a sizeable stake in trendy Italian restaurant chain Polpo – before pulling out of a deal when..
on February 9, 2019 • MailOnline
Bakery chain went into administration in January after discovery of £40m hole in its finances, which it blamed on 'potentially fraudulent' accounting..
Credit: Independent - Published on February 9, 2019

Mike Ashley's Sports Direct has made a bid for cafe chain Patisserie Valerie, which collapsed into administration last month.
Credit: The Argus - Published on February 9, 2019

Ten days after we revealed his plans, the tycoon's firm Sports Direct said it has made an offer for the bust cafe chain. The move came days after Ashley lost out..
on February 8, 2019 • MailOnline
Offer for café chain is latest bid by Mike Ashley to scoop up ailing high street names
Credit: FT.com - Published on February 8, 2019

BBC Local News: Tyne and Wear -- The Sports Direct owner confirms a bid for the cafe chain, which has about 121 outlets still open.
on February 8, 2019 • BBC Local News
Credit: FT.com - Published on February 8, 2019

Approach for beleaguered café chain announced on Friday
Credit: FT.com - Published on February 8, 2019

There never was a founder called Valerie, instead a Belgian husband and wife team. Ben Morris speaks exclusively to the couple's niece.
on February 6, 2019 • BBC News
BBC Local News: London -- There never was a founder called Valerie, instead a Belgian husband and wife team. Ben Morris speaks exclusively to the couple's niece.
on February 6, 2019 • BBC Local News
Chairman Luke Johnson, 57, said he is considering taking legal action against Grant Thornton after it failed to spot the alleged fraud that sunk his company.
on February 5, 2019 • MailOnline
If people are determined to commit fraud, there is probably not much we can realistically do to stop them, says Tim Price. But there are certain steps we can..
Credit: MoneyWeek - Published on February 5, 2019

Shares in the British bakery chain more than doubled from the time it listed on the …
Credit: FT.com - Published on February 5, 2019

The update from KPMG follows reports that around 100 parties were in the running for the collapsed cake chain, with a piecemeal sale looking like the most..
on February 4, 2019 • MailOnline
Patisserie Valerie has attracted queries from a number of bidders interested in buying the troubled business, administrators have said.
Credit: Belfast Telegraph - Published on February 4, 2019

The closures have resulted in 920 redundancies
on February 4, 2019 • Tamworth Herald
Up to 900 staff members lost their jobs when administrators KPMG closed 70 of the cafe chain's outlets.
on February 3, 2019 • BBC News
A former duty manager at the café chain's site in Southport called the treatment of staff 'disgusting' and said colleagues were given 30 minutes' notice that..
on February 1, 2019 • MailOnline
The hard lesson from the collapse of Patisserie Valerie is that sometimes no amount of research is enough, says John Stepek.

The post The one way to..
Credit: MoneyWeek - Published on February 1, 2019

Potential buyers put off bidding for entire operation by financial allegations
Credit: FT.com - Published on February 1, 2019

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