This content is not available in your region

Winding up petition on Patisserie unit dismissed

Winding up petition on Patisserie unit dismissed
FILE PHOTO: A sign is seen outside a branch of Patisserie Valerie in London, Britain, October 10, 2018. REUTERS/Simon Dawson/File Photo   -   Copyright  Simon Dawson(Reuters)
Text size Aa Aa

(Reuters) – The winding up petition against Patisserie Valerie owner Patisserie Holdings’ <CAKEP.L> operating unit has been dismissed by the UK’s High Court of Justice, Business and Property Courts the company said on Wednesday.

Britain’s HM Revenue & Customs (HMRC) had filed a winding up petition against Stonebeach Limited, the main trading subsidiary of the cafe chain owner, over 1.14 million pounds the tax office says it is owed.

(Reporting by Shariq Khan in Bengaluru; editing by Patrick Graham)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.