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Prezzo confirms 94 restaurant sites set to close

Italian restaurant chain Prezzo has confirmed the 94 restaurants it is proposing to close as part of its company voluntary arrangement (CVA).
CoStar News
March 5, 2018 | 3:34 P.M.

The CVA was announed on 2 March and proposes to close branches which Prezzo deems would not be profitable after a rent reduction, within eight weeks. Landlords across the remainder of the estate will be asked reduce rents.

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