Pret a Manger staff to get £1,000 bonus after takeover

BBC News 

All 12,000 staff employed by sandwich and coffee chain Pret A Manger will receive a £1,000 bonus once the sale of the firm is completed. The company is to be sold by its private equity owners Bridgepoint to Luxembourg-based JAB Holdings. The two firms did not say how much JAB was paying, although one report put the value of the deal at £1.5bn. Pret a Manger opened its first store in London in 1986 and Bridgepoint bought the chain in 2008 for about £350m. As well as its strong presence on the UK High Street the chain has expanded into the US, Hong Kong, China and France.

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