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Burger King in talks to close number of UK branches after boss warns of 1,600 job cuts
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mirror.co.ukBurger King is preparing to permanently close a number of UK restaurants as part of a restructuring deal triggered by the coronavirus crisis.
The chain, which is yet to reopen all 530 branches after the government eased lockdown measures in July, has hired advisers from AlixPartners to review 25 restaurants on behalf of its main UK owner.
Sources told Sky News the firm is considering a company voluntary arrangement (CVA) or, more likely, a pre-pack administration deal.
It is understood that the restructuring could result in up to 10 permanent closures. Burger King's main franchisee in the UK is the private equity firm Bridgepoint, the former owner of Pret A Manger.
Read more on mirror.co.uk
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