M&A activity [big deals/small deals]
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Beleaguered burger chain Wimpy has been bought by Famous Brands for £3m amid promises to return the brand to its former glory.
Posted: 28 February 2007 | 13:00
Essential news from around the world, including: Hilton’s Scandic to be bought by Swedes; Rezidor announces Middle Eastern growth plans; Ukranian contract for InterContinental Hotel Group and more...
Posted: 26 February 2007 | 12:21
Café Rouge owner Tragus has bought 16-strong restaurant group Ma Potter’s for £14.5m.
Posted: 21 February 2007 | 17:04
A round-up of the weekend's news affecting the hospitality industry. News includes: InterContinental openings; Former Jurys manager killed in US; Yates’s owner in talks; VisitScotland to target carbon-conscious tourists
Posted: 19 February 2007 | 09:35
The Government has been urged to reform company law to protect workers' rights and stop venture capitalists stripping companies of their assets.
Posted: 16 February 2007 | 09:30
The private equity group behind Café Rouge and Bella Italia is being tipped by the City as the most likely candidate to be circling casual dining chain La Tasca.
Posted: 13 February 2007 | 14:30
Embattled fishmonger and restaurant chain FishWorks has appointed recruitment and restaurant entrepreneur Gary Ashworth as its chairman and confirmed that he and Luke Johnson, former chairman of Pizza Express and Belgo, are to take a stake in the company.
Posted: 13 February 2007 | 14:08
Luxury hotel chain Four Seasons is to go private after accepting a $3.8b (£1.75b) takeover bid from Microsoft supremo Bill Gates and the Saudi billionaire Prince Alwaleed bin Talal.
Posted: 13 February 2007 | 10:04
Fast-growing but beleagured seafood restaurant and fishmonger chain FishWorks is raising £2.5m through a share placement.
Posted: 12 February 2007 | 15:58
Accor, the French hotel chain and Hilton Hotels Corporation (HHC) are going head to head in a battle to win 24 former Macdonald Hotels’s contracts.
Posted: 12 February 2007 | 12:12
A round-up of the weekend's news affecting the hospitality industry. News includes: Irish News, Fishworks, Bourne Leisure
Posted: 12 February 2007 | 11:56
La Tasca Group is in preliminary takeover talks with an unnamed suitor, the tapas restaurant chain has revealed.
Posted: 08 February 2007 | 14:00
Gerard Basset, co-founder of the Hotel du Vin group, has bought his first new hotel since selling the boutique chain.
Posted: 08 February 2007 | 00:00
A round-up of the weekend's news affecting the hospitality industry.
Posted: 05 February 2007 | 11:38
Channel 4’s chairman Luke Johnson is rumoured to be looking at making an offer for troubled seafood restaurant chain FishWorks.
Posted: 05 February 2007 | 10:27
Nigel Parkin, former general manager of the Samling, will be plying his trade around the corner from the iconic property in Lake Windermere after a agreeing a deal to buy his first hotel, The Mortal Man.
Posted: 01 February 2007 | 12:00
Italian restaurant and food shop group Carluccio’s has performed well over the Christmas period and is on track with its expansion plans, it said today.
Posted: 30 January 2007 | 12:30
Luminar Leisure has completed a £76.8m sale-and-leaseback deal at 20 properties, as part of its disposal of its entertainment division.
Posted: 30 January 2007 | 09:55
A round-up of the weekend's news affecting the hospitality industry. News includes: Whitbread; Macdonald Hotels;Jamie Oliver; Mitchells & Butlers; Jurys Inn; City Inn; and Wetherspoon
Posted: 29 January 2007 | 10:33
A newly created pub group set up by two former brewery directors has its sights set on up to 30 pubs after successfully securing backing from private investors.
Posted: 26 January 2007 | 08:00
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