Langan's, the London restaurant group, has been contacted by six potential bidders in the past two months, according to the owner Richard Shepherd, Shepherd is considering a sale, but he has denied that the restaurant is on the market. However, Shepherd said he would consider a substantial offer for the business. Reports earlier in the year mentioned an estimated £31m (EUR 47m) valuation, However, it is believed that the current mooted valuation is nearer to £20m. Analysts have said Shepherd might find it difficult to sell the business without lowering his valuation. Langan's operates the eponymous London restaurant, plus Shepherd's, Langan's Bistro, Langan's Coq d'Or, and Odin's, the item concluded.