Legal

Takeaway.com set to win Just Eat bidding war: report

Takeaway.com set to win Just Eat bidding war: report

Investors holding more than half of Just Eat stock have expressed their agreement to take the Dutch company’s all-stock bid.

Chilango's shareholders approve CVA

Founders say that the CVA will enable the company to restructure the repayment profile of their debt.

Just Eat bidding war intensifies anew with fresh bids from Takeaway.com, Prosus

Investors have until 10 January to decide which bid to accept.

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.