Guess who is opening up a new restaurant.................

Former ‘Newlyweds’ star Nick Lachey, and former husband of singer Jessica Simpson is reportedly set to go into business with Paris Hilton’s younger sister, Nicky Hilton and Wilmer Valderrama to open a new restaurant at Las Vegas’ Luxor Hotel and Casino.

A source close to Lachey said: “It’s going to be called the Company American Bistro.

“Nicky and Wilmer will be Nick’s co-owners but the whole project is in partnership with Pure Management Group.

“They’re opening in October.”

Nicky Hilton is already a successful business woman in her own right; and already owns her own chain of hotels.

Actor Valderrama, 27, is a notorious party boy who has previously dated Mandy Moore and Lindsay Lohan.

Lachey, 33, is a former boyband singer and ex-husband of Jessica Simpson. He is currently dating TV presenter and aspiring actress Vanessa Minnillo.

Nick is the latest in a long line of celebrities to open his own restaurant.

Singer Justin Timberlake’s newly-launched New York restaurant ‘Southern Hospitality’ offers traditional Memphis-style recipes “like Mamma used to make”.