Finance – Page 184
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NewsMowgli reviews funding options
Mowgli has appointed advisers as it looks to secure new investment to fund its next stage of growth
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Richoux to raise £1.7m through new shares subscription
Richoux has announced it has raised £1.69m through the subscription of 6,771,972 new ordinary shares at 25p each to trade on AIM.
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NewsLion completes acquisition of Loungers
Lion Capital, the former backer of Wagamama, has completed a deal to acquire a majority stake in Loungers
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Barburrito FY turnover tops £10m
Barburrito saw its turnover break the £10m mark in the year to the end of March 2016
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Grillstock in negotiations on new funds
Grillstock is seeking a cash injection after it reported a loss of £560.1k for the 12 months to 29 November 2015
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Cerberus in talks to sell c£400m pub package
Cerberus is understood to be in advanced discussions to sell c170 pubs in deal valued at c£400m
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NewsHeineken celebrates Punch deal despite counter-bid rumours
Heineken yesterday appeared to be celebrating the success of its improved bid to acquire Punch but a rival bidder has insisted it is “definitely not game over”.
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NewsH1 revenue at Fulham Shore nears £20m
Fulham Shore has reported that it generated revenue of £19.9m (2015: £13.9m) in the six months to 25 September 2016
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Comptoir Group acquires Yalla Yalla business
Comptoir Group has further strengthened its presence in London by acquiring Yalla Yalla out of administration
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London recovery boosts sector lfls in November
A 3.5% increase in like-for-like sales in London in November, according to the latest Coffer Peach Business Tracker
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NewsBe At One FY turnover to reach c£36m
Be At One is on course to report turnover of c£36m in its current financial year
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Just Eat to acquire Hungryhouse
Online delivery platform Just Eat has agreed to acquire rival Hungryhouse for between £200m and £240m.
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OpinionHeineken hopes to be first to the Punch
Heineken’s bid for Punch would see the Dutch brewer and pub operator take on 1,900 pubs – with Patron Capital retaining the remaining 1,300 in the estate, MCA understands.
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NewsHeineken ‘in bidding war to acquire Punch’
Punch has confirmed it has received two bids to take over the company, and is in advanced talks with Heineken
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Cineworld deal for Empire Cinema cleared for completion
The CMA has cleared Cineworld’s acquisition of five cinemas from Cinema Holdings Limited
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McDonald’s to move non-US tax base to UK
McDonald’s has announced that it is moving its non-US tax base from Luxembourg to Britain.
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NewsLion Capital ‘in talks to acquire Loungers’
Former Wagamama backer Lion Capital is reported to be in exclusive talks to acquire Loungers in a deal worth £140m
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BGF invests in Bar Soba chain
The Business Growth has invested £3m in Bar Soba, the Glasgow-based bar and restaurant chain
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Fundamental’ Brexit effect on food and drink prices expected
Brexit will have a fundamental impact on food and drink prices, with foodservice inflation expected to rise by 3.4% in 2017 alone, David Read, chief executive of Prestige Purchasing has warned.
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Vianet H1 revenue up 1.44%
Vianet, the beer flow monitoring group, has reported revenue up 1.44% to £7.06m for the six months to 30 September.