Health and fitness club operator Holmes Place yesterday confirmed it had entered into into exclusive bid talks with a third party, known to be Bridgepoint Capital.
The group said it had been forced to renegotiate its banking facilities after further poor trading had put it in breach of its covenants.
Daily Telegraph 11/01/03 page 33
The Times Business 11/01/03 page 51,The Guardian 11/01/03 page 24, The Independent 11/01/03 page 21
