Sfinks to go it alone in Germany after takeover talks fail

Although a letter of intent had been signed last year, Sfinks resigned from further talks after the latter raised its price. Sfinks will now attempt to establish itself in Germany by building its own chain of restaurants under a totally new brand thought to be closer to Sphinx than to Jadło. The company also plans to open its first restaurants in Hungary and Czech Republic this year. (Parkiet, p. 8) R.M.