Irish private equity firm rescues Patisserie Valerie

Irish private equity firm rescues Patisserie Valerie
Patisserie Valerie attracted interest from Mike Ashley. Pic: Getty

Causeway Capital Partners has struck a deal for the assets and business of the cafe chain’s parent after an accounting scandal pushed it into insolvency

Patisserie Valerie has been rescued by Irish private equity firm Causeway Capital Partners after an accounting scandal pushed the UK cake baker into insolvency.

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