All Finance articles – Page 61
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News
Sturbucks to pay $22m in UK corp tax
Starbucks will pay nearly $22m in UK corporation tax after a sharp rise in its taxable profit and turnover last year, The Times reports.
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Opinion
The trouble with crowdfunding
Crowdfunding is an increasingly popular way to raise funds. But what’s the success rate for crowdfunded startups in food and drink? And is there adequate protection or are punters just punks? Edward Devlin, deputy finance editor at The Grocer, reports.
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News
NewRiver gains control of four shopping centres
NewRiver, the UK REIT and owner of 350 pubs, has gained control over four shopping centres in Belfast, Glasgow, Hastings and Middlesbrough with a total gross asset value of £240m.
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News
Vianet in line with expectations
Vianet, the draught beer quality and data insight specialist, has said that its trading in the first two months of its current financial year was in line with expectations and its business areas are “progressing well”.
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News
Vapiano shares open 4% above issue price
Shares in German-owned restaurant chain Vapiano started trading at €23.95 in their Frankfurt debut yesterday, about 4% above their issue price.
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News
Comptoir shares climb as directors increase stakes
Shares in the Comptoir Group climbed 2.6% yesterday to close on 21.5p after the group’s chairman, chief executive and founder all acquired further shares in the business.
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NewsHony Capital to bring Chinese brands to London
PizzaExpress owner Hony Capital plans to bring its Chinese restaurant concept Beijing Hehegu to London this year.
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News
Vapiano shares to be offered at €23
Shares in German-owned restaurant chain Vapiano are to be offered at €23 per share in its initial public offering (IPO), Reuters reports.
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NewsCMA - Heineken remedy 'might be acceptable'
The Competition and Markets Authority (CMA), which is considering Heineken’s proposals to sell pubs in certain areas to preserve competition, has suggested the remedy “might be acceptable”.
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News
Amazon acquires Whole Foods Market for $13.7bn
Amazon has acquired US-based organic supermarket group Whole Foods Market for $13.7bn.
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News
Domino’s Eurasia eyes £331m float
DP Eurasia, the company that controls the Domino’s Pizza franchises in Turkey and Russia, is aiming for a valuation of £331m for its initial public offering at the end of this month.
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News
NewRiver to raise £200m
NewRiver, the UK REIT and owner of 350 pubs, has announced plans to raise £200m.
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News
Richoux raises £4m with share subscription
The Richoux Group has announced it has raised c£4m through a subscription of 25,277,488 new shares.
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NewsBrains assesses funding options for Coffee#1
SA Brain is understood to have appointed advisors as it assesses future funding options to grow its Coffee#1 business.
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NewsWelcome Break secures £440m funding package
Welcome Break has secured a £440m funding package to enable further investment in its hotel, retail and F&B offering
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News
L’Oscar receives £24m funding package
L’Oscar, the upcoming luxury London hotel and restaurant, has received £24m funding towards its development
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News
Quiqup raises £20m expansion fund
Quiqup has raised £20m in private funding to fuel its geographical expansion
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Analysis & Insight
Food for thought
The restaurant sector has performed well in recent years with market growth underpinned by long-term demographic and consumer trends. But market conditions have become more competitive, consumers are facing pressure on their real incomes from rising inflation and cost pressures are increasing. A more cautious outlook on the sector is justified, argues David Chubb, Partner, Middle Markets, at PwC
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News
Vita Mojo signs Elior franchise deal
Vita Mojo has signed a franchise deal with contract caterer Elior
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News
KFC’s largest UK franchisee secures new funding package
The Herbert Group, which is the UK’s largest KFC franchise, has undergone a refinancing programme