M&A activity [big deals/small deals]
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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
A round-up of the weekend's news affecting the hospitality industry. News includes: McDonald's trials franchising expansion with Roadchef; Forte agrees second Middle Eastern hotel; Lee Cooper jeans owner in talks to buy Regent Inns; Japanese whisky beats Scotland to two top awards
Posted: 28 April 2008 | 10:33
Mitchells & Butlers (M&B) has confirmed it is in talks about selling a stake in the business to a private equity investor.
Posted: 25 April 2008 | 16:36
Private equity company Bridgehouse Capital has snapped up 33 Massive Pub Company sites that were in administration for an estimated fee of £8m.
Posted: 24 April 2008 | 12:40
A round-up of the weekend's news affecting the hospitality industry. News includes: Oliver outlines new openings; Newquay hotel evacuated; Scottish restaurant in name dispute with Wedgwood china; Two men arrested over fireball ‘prank’ in Derbyshire pub
Posted: 21 April 2008 | 12:00
Merchant Inns, the pubs-with-rooms company controlled by property magnate Sir John Ritblat and chairman Robert Breare, has acquired its seventh pub, the Saracen’s Head in Essex.
Posted: 21 April 2008 | 10:45
Punch Taverns has terminated discussions with Mitchells & Butlers over a potential acquisition of its managed pub division Spirit.
Posted: 18 April 2008 | 10:55
Mitchells & Butlers (M&B) has a "less than 50%" chance of acquiring Punch Taverns' managed division Spirit Group, according to industry analysts.
Posted: 16 April 2008 | 08:00
A round-up of the weekend's news affecting the hospitality industry. News includes: Nobu seeks buyers for $400m slice; Burger King plans mini-chain of Whopper Bars; Hooters’ UK expansion attracts opposition; Investors threaten to oust M&B chief
Posted: 14 April 2008 | 10:53
Mitchells & Butlers (M&B) has confirmed it is in talks to acquire Punch Taverns' managed division Spirit Group – just weeks after Punch withdrew a merger proposal.
Posted: 14 April 2008 | 10:31
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