Legal
Cat Rock Capital joins Just Eat board's call to accept Takeaway merger, cites possible value pick up
The investor claims the combined company can be worth over 1,200p per share by the end of 2020.
Cat Rock Capital joins Just Eat board's call to accept Takeaway merger, cites possible value pick up
The investor claims the combined company can be worth over 1,200p per share by the end of 2020.
Chilango postpones AGM amidst restructuring
Meanwhile, the Financial Conduct Authority has announced a ban on marketing mini-bonds, which does not cover Chilango’s “burrito bonds”.
PizzaExpress' overseas business expecting loss amidst Hong Kong unrest
The UK pizza chain is also expected to report negative like-for-like sales in FY 2020.
Som Saa launches crowdfunding campaign for expansion
The Thai concept opened its first site after raising £700,000 in an earlier crowdfunding move.
Nando's posts global sales increase by 8.4% in February
The chicken chain, however, reported a slight decrease in operating profit by 1.9% to £41.9m due to increased business costs.
Cremonini, Percassi ink deal to form multi-brand operator
The venture looks to reach more shopping centres, malls and retail parks.
Tossed owner files for CVA
The food retail company plans to convert all its Vital Ingredient stores into Tossed outlets after the process.
Reject Prosus' offer, Just Eat shareholders urged
Prosus maintained its offer has “compelling and certain value” for Just Eat.
SSP Group posts 7.8% revenue increase
The group has announced its plan to enter three new markets next year in Bermuda, Bahrain and Malaysia.
Delice de France completes management buyout with unsecured loan
The bakery specialist is one of the largest manufacturer and distributor of premium frozen bakery items in the UK.
“Reject the Takeaway.com combination”: Prosus urges Just Eat anew to take its offer
The platform is giving shareholders until 11 December to take up their offer.
Azzurri Group posts £16.5m net loss in FY2019
The casual dining company says it sees no financial difficulties ahead given its “robust” balance sheet.
Takeaway chief says he does not want to overpay in £4.3bn Just Eat bid: report
This is despite a higher unsolicited offer from rival Prosus.
Gourmet Burger Kitchen's revenue down 7% amidst debt restructuring
The chain says the fall was driven by site closures and Brexit-prompted uncertainty.
PizzaExpress owner keeping lenders waiting for debt talks: report
Hony Capital acquired PizzaExpress in a £900m leveraged buyout five years ago.
Chilango in talks of restructuring: report
The talks came after the chain raised £5.8m from selling its so-called “Burrito Bonds”.
Hospitality trade group welcomes proposed cut on business rates
Business rates is said to be a key barrier to businesses’ growth.
