Duke Street May Buy Wagamama for 215 Million Pounds, Sky Says

Lion Capital LLP, owner of Wagamama Ltd., may sell the Japanese fast-food chain to Duke Street Capital Ltd. for about 215 million pounds ($348 million), Sky News City Editor Mark Kleinman reported in his blog on the website.

The two companies may reach an agreement on the sale this week, though the talks may “yet fall apart,” Kleinman said, citing people close to the talks.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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