News Summary

• Sir Charles Dunstone's investment vehicle Freston Ventures has retained investment bankers at Goldman Sachs to identify a buyer for a chunk of the burger chain.
• City sources said a stake of up to 50% in Five Guys Europe was likely to be made available to bidders, although all options are expected to be considered.
• Sir Charles brought the business to Britain in 2013, after striking a deal with the Murrell family following a family holiday in New York.
• Its first UK site opened in Covent Garden, central London, before hitting 100 outlets six years later.
• In the UK, it has 177 outlets, while including the US business it boasts more than 2,000 stores across 26 countries.