All news articles – Page 795
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News
Worldpay to merge with Vantiv in £9.1bn deal
Worldpay, the UK leading payments processor favoured by bars and restaurants, has reached a preliminary agreement to merge with US rival Vantiv in a deal which values Wordpay at £9.1bn including debt.
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Leon reaches 50
Leon, the healthy, fast-food chain, will open its fiftieth site tomorrow at London’s Paddington Station
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Loungers amongst bidders for Coffee#1
Loungers is one of the suitors for Coffee#1, the 79-strong business owned by SA Brain
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Worldpay receives takeover interest
Shares in the payments processing firm Worldpay have jumped 28% after the company said it had attracted takeover interest.
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Hippo Inns secures tenth site in Twickenham
Hippo Inns, the joint venture between Rupert Clevely and Enterprise Inns, is set to open its tenth pub next week.
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City Pub Co takes on Red Lion in Histon
City Pub Company has secured its 34th site, The Red Lion in Histon, Cambridgeshire, MCA has learnt.
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Deliveroo celebrates London Pride
Deliveroo is renaming itself Deloveroo to celebrate London Pride, while popular operators on the platform are putting out LGBT riffs on their greatest hits.
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Analyst corner: Jack on JDW
Leading analyst Douglas Jack at Peel Hunt has changed his recommendation on JD Wetherspoon’s shares from Hold to Reduce
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Sushi Gourmet to add 25-30 sites a year
Sushi Gourmet has opened 20 outlets in the last 10 months, with a further 25-30 planned for each year going forwards.
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IRC in NEXT JV with Gino D’Acampo
Individual Restaurants has signed a deal with TV Chef Gino D’Acampo and Next to open in the fashion retailer’s stores
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PCA defends slow progress on MRO cases
The Pubs Code Adjudicator (PCA) has defended the slow pace of its progress on market-rent-only option (MRO) cases
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BT Sport signs Euro rugby deal
BT Sport has signed a deal to broadcast the European Rugby Champions Cup and the European Rugby Challenge Cup live
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White Brasseries to make Cambridgeshire debut
White Brasseries is to make its debut in Cambridgeshire
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HelloFresh appoints new CEO
HelloFresh has moved outside the food and drink sector with its appointment of Claire Davenport as it new chief executive
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Locals Club eyes alternative expansion targets
Locals Club is looking at alternative sites to pubs after calling prices in the capital “insane”
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Natural Kitchen to add gin bar concept
Natural Kitchen is set to open its eighth site on 11 July in the Angel Court development in Bank, London
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The Vurger Co hits crowdfunding target within 30 hours
The Vurger Co has exceeded its £180,000 crowdfunding target to open a permanent site within 30 hours of launch
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Caring sells home of The Ivy for £40m
Richard Caring has sold the building housing his iconic restaurant The Ivy to Standard Life for £40m
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Booker lfls up 4.2%
Booker Group, the food wholesaler, saw like-for-like sale increase 4.2% in the 12 weeks to 16 June
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Aprirose acquires M&B portfolio; creates new pubco
Aprirose is to acquire a 73-strong portfolio of pubs from M&B which it will use to launch a new pub group