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By M&C Report team2006-12-16T08:07:00+00:00
Itsu has confirmed that it has signed a significant deal with international asset group Bridgepoint, which see it acquire “a meaningful minority stake” in the Asian-inspired food brand, enabling it to add a further 100 outlets to its estate over the next five years.
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
The furlough scheme will not be extended despite the expected delay to ending lockdown, sourced close to Rishi Sunak have indicated.
Wagamama has opened its latest restaurant in Paddington, designed with ample space for click and collect and delivery.
Wing Shack Co is preparing to open a number of new sites, as well as road-test two new spin-off concepts, co-founder Josh Jarvis has told MCA.
Tampopo founder David Fox has revealed he has been taken to court by a landlord, despite the enforcement moratorium, and ongoing negotiations over the arrears.
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