Racquet golf equipment big David Lloyd serves up £2bn-plus sale
The long-standing proprietor of David Lloyd Leisure, one in every of Britain's largest upmarket well being and racquet sports chains, is making ready to hearken to presents of greater than £2bn.Sky News has learnt that TDR Capital, which has owned the enterprise since 2013, has engaged bankers from Morgan Stanley to work on a overview of its strategic choices.
City sources stated on Tuesday {that a} sale would solely proceed if there was curiosity at a sufficiently engaging valuation for TDR.David Lloyd trades from roughly 150 golf equipment, and is alleged to be buying and selling extraordinarily nicely regardless of rising leisure trade issues in regards to the affect of the price of dwelling disaster.Bankers say that different massive buyout companies are anticipated to lo...










