Skadden Tucks into Pret Mandate as it Agrees to Buy Rival EAT
The U.S. firm has won the lead role on the takeover of the rival High Street food business.
May 22, 2019 at 07:24 AM
2 minute read
U.S. firm Skadden Arps Slate Meagher & Flom has taken the lead mandate advising Pret a Manger on its takeover of rival sandwich chain EAT.
The businesses agreed a deal today (May 22), after it emerged last week that Pret was looking to acquire EAT. In a statement issued earlier, Pret said it plans to convert as many EAT shops as possible into its vegetarian outlets – known as 'Veggie Prets'.
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