M&A activity [big deals/small deals]

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Travelodge poised for £400m sale-and-leaseback deal

Article ThumbnailA property entrepreneur and a venture capitalist could be poised to snap up 135 Travelodge budget hotels in a deal potentially worth £400m, according to City sources.
Posted: 07 October 2004 | 15:25

Cannon has Eldridge Pope in his sights with £43m cash bid

Entrepreneur Michael Cannon has tabled a £43.3m cash bid for the Eldridge Pope pub company.
Posted: 06 October 2004 | 18:55

Punch gets InnSpired acquisition

Leased pub company Punch Taverns has bought rival InnSpired Group for £335m, reinforcing its own presence in the South of England.
Posted: 06 October 2004 | 16:12

Greene King deal to sell 13 pubs approved by OFT

The Office of Fair Trading (OFT) has agreed a deal with Greene King that means its acquisition of Laurel's neighbourhood pubs will not be referred to the competition authorities.
Posted: 06 October 2004 | 15:13

Kew Green poised to buy Whitbread's Courtyard

Whitbread’s Courtyard by Marriott hotel chain could be about to be taken over in an £80m deal.
Posted: 04 October 2004 | 16:02

Urban Dining has Tootsies in its sights

Two former PizzaExpress directors could be poised to buy the Tootsies and Ma Potter’s restaurant chains.
Posted: 04 October 2004 | 12:42

Hotel du Vin sold for £66m to Malmaison owner

Property firm Marylebone Warwick Balfour (MWB) today snapped up Hotel du Vin, the chain built up over a number of years by hotelier Robin Hutson.
Posted: 04 October 2004 | 11:00

Sat Bains to buy his restaurant at Hotel des Clos

Article ThumbnailSat Bains is set to take control of the restaurant that shares his name at the Hotel des Clos in Nottingham.
Posted: 01 October 2004 | 11:57

Paramount in bid talks

Article ThumbnailRestaurant group Paramount is in talks with executive chairman Guy Naggar that could lead to a £28m buyout, it has been confirmed today.
Posted: 30 September 2004 | 12:32

Whitbread to sell off Marriott hotel chain?

Article ThumbnailHotel chain Marriott could be put up for sale next month when Whitbread's newly installed chief executive, Alan Parker, announces his strategic review of the company.
Posted: 22 September 2004 | 14:50

US travel service buys Active Hotels for £89m

US internet-based travel service Priceline.com has bought Active Hotels in Cambridge for $161m (£89.87m).
Posted: 22 September 2004 | 11:29

Cendant to take possession of Ramada flag

US hotel chain Cendant is to buy Ramada International Hotels & Resorts from Marriott International.
Posted: 16 September 2004 | 12:32

Cannon set to take control of Eldridge Pope

Embattled pub company Eldridge Pope finally bowed to the deep pockets of entrepreneur Michael Cannon today, as a £42.3m takeover bid was laid on the table.
Posted: 16 September 2004 | 12:13

Punch buys InnSpired for £335m

Punch Taverns has bought 1,000-strong rival InnSpired for about £335m.
Posted: 10 September 2004 | 09:25

Eldridge Pope confirms Cannon takeover talks

Embattled pub company Eldridge Pope confirmed today that it is in talks with entrepreneur Michael Cannon that could lead to a takeover of the business.
Posted: 09 September 2004 | 15:45

Café Rouge owner could be sold

Restaurant chains Café Rouge and Bella Italia could be put up for sale for more than £120m.
Posted: 31 August 2004 | 17:09

What the Bank Holiday weekend papers say

A round-up of the weekend's news affecting the hospitality industry...
Posted: 31 August 2004 | 10:06

Rumours point to QMH name change

Speculation is growing regarding the possible future shape and even identity of hotel chain Queens Moat Houses once it has been taken over by investment bank Goldman Sachs.
Posted: 26 August 2004 | 16:37

Wagamama ends talks with venture capitalist

Noodle bar chain Wagamama has pulled out of discussions with a second venture capital firm, it has been confirmed.
Posted: 17 August 2004 | 17:50

In brief

Healthy eating boost...
Posted: 17 August 2004 | 10:51

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29th August 2008