Posts tagged: The Restaurant Group

Pizza Express owners said to weigh counterbid for Wagamama The Restaurant Group, reveals Sky News

Wednesday, 25 October 2023, 9:09 pm

The old Kleinmanator has managed to edge out little old Betaville by getting to the bottom of the The Restaurant Group counterbid tale.

Kleiny, also known as Mark Kleinman of Sky News, has just revealed that the owners of Pizza Express, who include Bain Capital Credit and Cyrus Capital Partners, are weighing up whether to make a counter offer for The Restaurant Group after it recommended a £500 million takeover from Apollo, the US private equity firm...

Read more...

Apollo pays £506 million for The Restaurant Group

Thursday, 12 October 2023, 7:15 am

Private equity house Apollo has just announced the £506 million takeover of The Restaurant Group, the operator of well known restaurants chains such as Wagamama, and Frankie and Benny's.

The board of The Restaurant Group has recommended a 65p a share in cash offer from Apollo. Below is a link to the press release:..

Read more...