All Finance articles – Page 35
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NewsProtein Haus bought out of administration
Protein Haus, the healthy eating grab and go concept, has gone into administration and been sold in a pre-pack.
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NewsSourced Market launches £750,000 Crowdcube campaign
Sourced Market, the hybrid London-based concept, has raised 85% of its £750,000 Crowdcube campaign within the first 24 hours.
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NewsPatisserie Holdings raises £15.7m through Placing
Patisserie Holdings has raised £15.7m through a share placing and secured a further £10m loan from chairman Luke Johnson.
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NewsPatisserie Holdings FD arrested
PwC is believed to be working with Patisserie Holdings ahead of a possible administration, which could come as early as today.
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NewsChilango launches £1m bond
Mexican quick-service chain, Chilango, has announced the launch of second Burrito Bond.
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NewsPatisserie Holdings reveals winding up petition over £1.1m tax bill
The board of Patisserie Holdings has revealed a winding up petition relating to a £1.1m unpaid tax bill.
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News
Burning Issue
As Burning Night goes into administration, MCA news editor Finn Scott-Delany looks at its track record of raising investment, and asks whether more accountability is needed to protect investors in crowdfunding campaigns.
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NewsPatisserie Valerie owner faces crisis 'over £20m accounting hole'
Patisserie Holdings, the owner of Patisserie Valerie, has suspended its shares from trading on AIM after uncovering “significant, and potentially fraudulent, accounting irregularities”.
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NewsCity Pub Group raises £6.2m though Placing
City Pub Group has raised £6.2m through a share placing as it seeks to capitalise on opportunities in a “softening acquisitions market”.
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NewsBurger & Lobster posts £2.4m profit
Burger & Lobster recovered from a £10m loss in 2016 to post a £2.4m profit in 2017.
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NewsOrange Buffalo launches Kickstarter, opening in Tooting
The Orange Buffalo, the New York style wings concept, has launched a £40,000 Kickstarter campaign to fund its debut bricks and mortar site in Tooting.
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NewsRed Oak Taverns secures £42m fund from OakNorth
Red Oak Taverns, operator of 161 pubs, has secured a £42m refinancing and acquisition package with OakNorth, MCA has learnt.
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Orange Brands eyes Duck & Waffle Local expansion
Orange Brands Management, the operator of SushiSamba and Duck & Waffle, sees opportunities for further sites of Duck & Waffle Local format in London, MCA has learnt.
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NewsBrewDog to close Equity for Punks V on £23m
BrewDog is set to close its fifth Equity for Punks crowdfunding round next week, after raising £23m over the past year.
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NewsDeliveroo pre-tax losses increase to £184m
Deliveroo’s pre-tax losses increased to £184.7m in 2017 – up from £129.1m in 2016 – as it invested an additional £106m in the business.
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Mildreds and Encore Capital deny sale report
Reports that Encore Capital has acquired vegetarian restaurant group Mildreds has been denied by both parties.
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NewsInverleith takes majority stake in Planet Organic
Scottish-based investment fund Inverleith has acquired a majority stake in supermarket and food-to-go chain, Planet Organic, in a deal thought to be worth £15m.
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NewsFive Guys secures new £100m facility
Five Guys has secured a new £100m banking facility through Goldman Sachs as it seeks further growth across the UK and Europe.
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NewsApplegreen share placing raises £156m
Applegreen, the service station retailer, has raised £156m through a new share placing to part-fund the acquisition of Welcome Break.
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NewsAllplants secures £7.4m funding
Allplants, a UK-based vegan meal delivery start-up, has secured £7.5m investment led by Octopus Ventures.