Neither Caffe Nero or Benjys have commented on the media speculation of their interest.
BBC: Stelios warms to coffee bar bid
The Easyinternet deal represented an "exciting development in Caffe Nero's expansion", chairman Gerry Ford said.
BBC: Caffe Nero seals Stelios aid in coffee war
Caffe Nero has enlisted Stelios Haji-Ioannou's Easyinternetcafe chain in the trade war among UK coffee bar operators.
In June, Caffe Nero signed a deal to supply coffee to web users at Easyinternet's flagship outlet in Kensington.
Two months ago, Caffe Nero bought the 31-strong Aroma chain from McDonalds.
Caffe Nero shares closed 1.5p higher at 30.5p in London on Monday.
And further tie-ups could follow between Caffe Nero and the Easyinternet chain, which has 23 sites worldwide in cities including Paris and Barcelona.
Caffe Nero has sealed a deal to supply coffee to surfers at Easyinternet's flagship outlet in Kensington, London, which attracts 18, 000 customers a week.
Earlier this month, the group admitted it had been approached about a possible takeover after its shares jumped 38% on stake building by Caffe Nero.
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