Oi! Bagel has postponed a public share offering because of “atrocious” market conditions.
It had hoped to raise £1.3m on April 3 to open 10 sites in the next two years to add to its four London-based outlets. It wants 50 outlets eventually within the M25 and 200 across the UK.
The company would also consider overseas expansion.
The Independent 26/03/01 page 15
