M&A activity [big deals/small deals]
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The Arora Family Trust (AFT) has acquired a portfolio of 33 assets from the Airport Property Partnership (APP) in a deal worth £309m.
Posted: 20 August 2008 | 14:57
Elior has taken full control of sports, stadia and leisure catering firm Azure.
Posted: 11 August 2008 | 07:00
Barbox, the online supplier to the licensed trade, has reassured customers that it will retain its independence following its acquisition by e-procurement company Amphire.
Posted: 04 August 2008 | 15:19
A round-up of the weekend's news affecting the hospitality industry. News includes: Share price fall interests CVC in Punch; Founder seeks to rescue Beanscene coffee shops from administration; Pubs and clubs lead quarterly rise in business failures
Posted: 04 August 2008 | 10:52
Property agent Jones Lang Lasalle Hotels has seen a 76% plunge in global transactions.
Posted: 04 August 2008 | 10:10
Whitbread has acquired 21 hotels from Mitchells & Butlers (M&B) in exchange for 44 pub restaurants.
Posted: 31 July 2008 | 12:24
Luminar has dismissed reports it is to make a bid for struggling bar operator Regent Inns, while conceding 3D entertainment, a company it holds a 49% stake in, might.
Posted: 22 July 2008 | 09:00
Gourmet Restaurants Group, owner of Indian restaurant chain Tiffinbites, plans to “rapidly expand across the country” after acquiring the Bombay Bicycle Club (BBC) from Clapham House Group.
Posted: 18 July 2008 | 13:04
Clapham House Group, the owner of Gourmet Burger Kitchen, has sold its Bombay Bicycle Club (BBC) delivery and restaurant business to Gourmet Restaurants for £4.4m.
Posted: 17 July 2008 | 15:22
Clapham House Group (CHG) is in believed to be in advanced discussions over the sale of its curry-themed Bombay Bicycle Club (BBC) chain.
Posted: 14 July 2008 | 15:01
The Real Hotel Company announced that it is to sell its three London hotels for £18.6m, removing itself completely from the capital.
Posted: 14 July 2008 | 09:00
The owner of Smollensky’s is considering selling the grill restaurant chain after receiving an unsolicited offer for its Canary Wharf outlet
Posted: 30 June 2008 | 11:59
Regent Inns has ended talks to sell the business, shaken up its senior management team and announced a cost-cutting plan.
Posted: 26 June 2008 | 13:48
Millennium & Copthorne Hotels (M&C) is selling the Millennium Seoul Hilton Hotel in Korea for £232.6m, the hotel group has announced.
Posted: 24 June 2008 | 17:41
The creditors of Laurel Pub Company face a potential loss of £130m after the group was put into administration in March, according to a report today.
Posted: 02 June 2008 | 12:05
Starwood Hotels & Resorts has sold its 219-room Turnberry golf and hotel resort in Scotland to Dubai based investment firm Leisurecorp for £55m.
Posted: 21 May 2008 | 14:27
Debrah Dhugga, the chief executive of Tom’s Companies, has revealed plans to leave the spa and restaurant group next month.
Posted: 20 May 2008 | 08:00
Property entrepreneur Robert Tchenguiz has increased his stake at embattled pub group Mitchells & Butlers to slightly less than 27%.
Posted: 09 May 2008 | 11:30
Hotel group Accor has sold its Sofitel Grand hotel in Amsterdam for €60m (£47m) in a sale-and-manage back deal.
Posted: 07 May 2008 | 15:42
Restaurant chain Prezzo could return to private ownership after several board members signalled their intention to make a formal bid for the company.
Posted: 07 May 2008 | 11:15
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