Groupe Chez Gerard has sold its Richoux tea room chain to Madisons for £2.7m.

It is also to open a new Chez Gerard restaurant in Cambridge and is rumoured to be planning further expansion outside London.

Financial Times 05/08/00 page 14 (Weekend FT section)

The Daily Telegraph 05/08/00 page 27, page 29

The Independent 05/08/00 page 19 (In Brief)

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