More NewsGT advises on Tiger Tiger rescue attempt

GT advises on Tiger Tiger rescue attempt

GT advisers work with Tiger Tiger bar owners to ease rent burden

Grant Thornton is advising Tiger Tiger bars business Novus Leisure and its
lenders in attempts to lower its rental costs.

Novus has written to Tiger Tiger landlords asking for rent cuts to prevent
the collapse of the business, according to the Daily Telegraph.

The firm is working with Novus and lenders RBS and Barclays to negotiate with
the landlords, who include Land Securities and Prudential.

Novus is owned by private equity firm Cognetas.

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