Legal
Competition watchdog orders Amazon, Deliveroo to answer merger concerns
Competition watchdog orders Amazon, Deliveroo to answer merger concerns
CMA has given both firms until 18 December to provide an answer on their deals question.
Tossed's CVA proposal approved by creditors
The proposal, its owner says, will provide “breathing space” and “strong foundations”.
Bread Holdings' turnover sales up 14% to £68.3m
The artisanal bakery group's retail sales increased by 23%.
ASA bans Deliveroo, KFC ads
The bans came following complaints sent to the ASA.
Just Eat rejects Prosus' £5.1bn offer
Prosus has raised its offer from 710 pence to 740 pence per share, but to no avail.
Wahlburgers denies rumors of flagship UK store closure: report
The burger chain is in the midst of a menu relaunch.
Warrens Bakery confirms shutdown of 22 stores: report
The move came due to uncertainty surrounding Brexit.
Chilango may shut restaurants amidst restructuring: report
The restructuring agreement would allow Chilango to address cash-flow woes.
Burger King UK chairman Martin Robinson invests in HOP Vietnamese's customer-only round
Robinson also has an existing ‘significant’ equity stake in the business.
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.
