Restaurants News – Page 612
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News
$3.5bn OSI buyout completed
The $3.5bn (£1.77bn) buyout of OSI Restaurant Partners, the parent company of Outback Steakhouse, by an investment consortium including some of the firm’s management, its founders and two private equity groups, has been completed.The new owners of OSI include Bain Capital Partners, which has been an investor in Burger King ...
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News
OSI buyout gets shareholder approval
The proposed $3.2bn (£1.6bn) buyout of OSI Restaurant Partners, the parent company of Outback Steakhouse, by an investment consortium including some of the firm’s management, its founders and two private equity groups, has finally received shareholder approval.Approval for the deal finally came after a special shareholder meeting, which had been ...
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News
Roadchef reports 4.6% rise in Q2 ebitda
Roadchef, the motorway service station operator, has reported a 4.6% increase in ebitda to £3.3m for the 12 weeks to 11 March 2007 compared to the same period last year.The company, which was acquired by Delek Real Estate, the Israeli property company, for £375m last month, said operating profit for ...