Next Generation Clubs, the British gym group majority-owned by businessmen JP McManus, Dermot Desmond and John Magnier, looks set to achieve its €330 million price tag after short-listing six parties to table second-round bids for the chain. The majority of the remaining parties are believed to be property investors and private equity firms.
Esporta, the privately-owned gym operator, has be en knocked out of the process after bidding between €260 million and €270 million.
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