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Published

TGI Fridays close to rescue deal with Breal and Calveton

  • A rescue deal for the British operations of TGI Fridays is expected to finalize this weekend, saving more than 2,000 jobs.
  • The deal will include 50 to 55 of the chain's 87 sites and protect at least 2,000 out of over 3,000 jobs.
  • Following the deal, 35 restaurants will close, resulting in 1,012 redundancies, but nearly 2,400 jobs have been saved overall.
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