Noodle chain may be listed

JAPANESE-STYLE noodle restaurant chain Wagamama was being linked to a possible £200m (€286m) stockmarket listing. The company, which has been owned by private equity firm Lion Capital since 2005, is said to be talking over its options with advisers.

Although a flotation is the firm’s preferred choice, the Sunday Times said the business could also attract interest from rival restaurant groups and private equity investors.

The newspaper said analysts believed the business may be worth in exess of £200m — double its value when Lion acquired the chain.