Compass Group will send bidders for its Select Service Partner (SSP) travel concessions arm an information memorandum on the business next week.
SSP includes the Burger King, Upper Crust and Moto brands. They could fetch more than £1bn.
Interested parties are believed to be Macquarie, Elior, Sodexho Alliance, Autogrill and People’s Restaurant as well as more than 40 private equity groups.
References: Financial Times 11/11/05 page 22
