All Coffee shops & Cafes articles – Page 124
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News
Whitbread completes TGI sale
Whitbread, the leisure group, has announced it has completed the sale of its 45-strong TGI Friday’s restaurant business for a total of £70.4m.TGI Friday’s UK, a joint venture between Carlson Restaurants and ABN AMRO Capital, has acquired the business and 30 of the sites, while the remaining 15 restaurants has ...
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News
Paul to trial smaller format
Paul, the French baker and café concept, is to trial a smaller “walk through” format next month in London.The company is to open the new format, which will be around 500 sq ft in size, near Fenchurch Street in the City.Matthew Brint, senior projects manager, said: “Typically, our sites are ...
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News
Whitbread sells TGI Friday’s for £70.4m
Whitbread, the leisure group, is to sell its 45-strong TGI Friday’s restaurant business for a total of £70.4m.TGI Friday’s UK, a joint venture between Carlson Restaurants and ABN AMRO Capital, will buy the business and 30 of the sites, while the remaining 15 restaurants will be sold to British Land.British ...
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Weekend Press
TGI Friday’s sale could be near
Whitbread is rumoured to be close to sealing a £70m disposal of TGI Friday’s to Carlson Companies and ABN Amro Capital. The leisure group has been persistently touted as the first leisure operator to pursue real estate investment trust status. The shares fell 2p to £16.72 despite the talk.The Times ...