AMF Bowling has been put up for sale by its US parent with a price tag of up to £50m.
In the UK, AMF is one of the biggest 10-pin bowling operators with33 sites.
Potential bidders are thought to include RAL Holdings, the amusement arcade operator backed by PPM, and Phoenix Equity Partners, the venture capital firm.
Livingstone Guarantee, the corporate finance house, is advising AMF on the sales process. Sales details will be available shortly.
References: The Times (Broadsheet) 01/06/04 page 22 (Need to Know), page24
