Little Chef is preparing to bring in administrators next week if emergency refinancing talks fail.
Little Chef, bought out from private equity group Permira for £52m by two entrepreneurs last year, has administrators at PwC on stand-by in case the talks fail, according to market sources.
References: Financial Times page 16 30/12/06, The Times page 36 30/12/06, The Guardian page 9 30/12/06, The Independent page 43 30/12/06
