European buyout group Aurelius Equity Opportunities has made an offer to acquire troubled restaurant brands Café Rouge and Bella Italia from KKR-backed Casual Dining Group (CDG), according to Sky News. Aurelius and CDG declined to comment.

In May, CDG filed an intent to call in administrators, as the Covid-19 shutdown measures deeply affected the operations of its restaurant chains. Since then, the company has been in negotiations with “a number of potential buyers for some of its companies as well as its entire portfolio”, a person familiar with the situation told Private Equity News.