Tesco to buy Giraffe restaurants

Supermarket giant Tesco is to buy the Giraffe child-friendly restaurant chain for up to £50 million in a move that will see it open the eateries across its stores.

The deal will net a hefty windfall for Giraffe founders Juliette and Russel Joffe and Andrew Jacobs, who together with other management and long-standing investors will sell their combined stake of around 54%, according to The Times.%VIRTUAL-SkimlinksPromo%