Scandinavian group REKOM and private equity firm Greybull Capital potential buyers but any deal will involve administration

The UK’s largest nightclub operator, Deltic Group, is on the brink of administration as it battles to secure a rescue deal.

The group, which employs just under 1,500 people and runs 52 bars and nightclubs, including the ATIK, PRYZM, eden and Bar&Beyond chains, has been seeking new investment since October after months of enforced closures under government measures to control the coronavirus pandemic.

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