All Deals articles – Page 29
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News
Odeon cinema portfolio in £80m sale
LondonMetric Property has announced it has exchanged contracts to acquire a 10-strong portfolio of Odeon multiplex cinemas from Odeon Property Group for £80.6m
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NewsHarry Ramsden's signs Welcome Break deal
A new partnership to open branches of Harry Ramsden’s, the iconic fish & chip shop chain, on Welcome Break services has been confirmed, with Sheffield and Oxford the first locations
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News
Wrapchic set to sign Compass deal
Wrapchic, the Birmingham-based Indian burrito concept, is set to sign an agreement with Compass that could eventually see it introduced into up to 200 sites across the UK, M&C Report understands
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News
Ideal launches new build Boat House Cafe
Ideal Collection is opening its seventh site in Chichester, West Sussex next week (15 November)
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News
3Sixty ends sale talks
3Sixty Restaurants, the group led by James Horler and backed by Luke Johnson, has terminated sale talks because it did not believe that the figures put forward reflected its current performance
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NewsC&B sells Cabin to SSP after strategic review
Corney & Barrow (C&B) is to refocus on its core bar brand after a strategic review of its estate, which has seen the sale of the Cabin, its transport hub concept site at Waterloo Station, to SSP
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NewsPears Group pulls out of Greene King talks
The William Pears Group, one of the UK’s biggest privately-owned property groups, is believed to have pulled out of exclusive talks to acquire a c300-strong tenanted pub portfolio placed on the market by Greene King earlier this year
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NewsHutton Collins agrees to acquire Byron in £100m deal
The Gondola Group has agreed to sell its fast-growing Byron brand to private equity group Hutton Collins, for a consideration of £100m.
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News
Everyman Media Group 'to bid for Picturehouse sites'
Everyman Media Group, the cinema operator, is expected to bid for the Picturehouse cinemas that Cineworld is being forced to sell, according to The Times
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News
Joule's completes £4m funding deal; names new chairman
Joules, the Shropshire brewer and pub operator, has completed a £4m funding deal with NatWest and has named Mark Heappey, formerly a partner at 3i, as its new chairman, M&C Report has learnt
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News
Gala Coral 'eyes bingo club sale'
Gala Coral Group is due to put its 140-strong chain of bingo clubs up for sale for between £250m and £300m, according to The Times
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News
M&B agrees £38m waste management and cleaning deal
Mitchells & Butlers (M&B), the managed operator, has signed a £38m waste management and cleaning contract with Mitie, the FTSE-listed 250 strategic outsourcing company
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News
One in four Star pubs takes cut-price Sky deal
Almost one in four lessees of Star Pubs & Bars have signed up to the deal that offers 30% off Sky Ultimate if they stock specific Heineken products
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News
Land Sec raises stake in X-Leisure
Land Securities is to raise its stake in X-Leisure to 95%, after agreeing to purchase a further 35.6% interest in the UK’s largest leisure fund, for £104m
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Analysis & Insight
Deals save consumers £170k on average
British consumers are saving up to £170,000 on eating out on an average weekday when using restaurant deals, according to new research daily deal aggregator Bownty.com
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OpinionThe investment case
At four o’clock last Wednesday morning the deal for Cote, which had been nearly a year in the making, finally got over the line. Many had questioned whether it would actually happen, with rumours of a parked process and complications over finding a chairman, but there was always a sense that this was one deal that would go through. So what next for the brand and for the leisure sector as a whole and what further opportunities are on the horizon?
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NewsCBPE completes Cote acquisition
CBPE, the private equity firm that was once part of Close Brothers investment bank, is understood to have completed the acquisition of Cote, the Richard Caring-backed French brasserie chain, early this morning in a deal thought to be worth around £100m
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NewsRisk takes stake in RHWB
Risk Capital Partners, the Luke Johnson-led investment vehicle, has completed the acquisition of a majority stake in Red Hot World Buffet (RHWB), the seven-strong group, founded by Helen and Parmjit Dhaliwal
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News
Cineworld may have to sell cinemas
Cineworld may be forced to sell cinemas in three areas of the country after the Competition Commission provisionally concluded that its acquisition of City Screen would mean higher prices for customers
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NewsCote deal on-going
Cote remains in discussions with private equity group Bridgepoint regarding a c£100m sale, despite speculation that the deal has been “parked” until later this year