All Finance articles – Page 71
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NewsSSP valued at almost £1bn
An offer price of 210p has been set for SSP’s IPO, which values the company at c£997m
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Booker lfls up 3.8% for Q1
Booker Group, the food wholesaler, reported like-for-like sales growth of 3.8% for the 12 weeks to 20 June 2014 and said it is “on course” to meet full-year expectations
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Rileys shareholders consider options for group
Shareholders of Rileys, the operator of 60 sports bars across the country, have appointed advisors to oversee options for the group, Sky News reports
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Santander commits £100m to Scottish leisure sector
Santander has committed another £70m to the Scottish hotel and leisure sectors for 2014 after already lending £30m since the beginning of the year
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NewsRoberts to head Kent brewery; raises £600k for expansion
Old Dairy Brewery, the Kent brewer founded in 2010, has raised £600,000 for expansion and announced the appointment of former Fuller’s Beer Company managing director John Roberts to lead a strengthened board as it enters a new phase, M&C Report has learnt
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NewsMarston's agrees £28m newbuild funding deal
Marston’s, the brewer and pub operator, has agreed a £28m forward-funding deal with Standard Life to as part of its newbuild pub expansion programme
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NewsM&C20 sees consecutive gains in leisure sector
The M&C20 Leisure Share Index continued to climb this week as it finished up 13 points to 1,196 with very few losses across the 22 listed companies
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NewsOliver invests in Hackney pub venture
Jamie Oliver has invested in the new east London pub venture being launched by Fifteen head chef Jon Rotheram, and Michelin-starred chef Tom Harris
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Nichols to pay £8m in damages
Nichols, the Vimto producer, has received a high court ruling which will require it to pay c£8m of damages to a former bottling partner in Pakistan
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NewsJack: 'TRG set for two blockbuster years'
Leading analyst Douglas Jack has issued a Buy recommendation for The Restaurant Group (RTN) and expects the company will be one of the main beneficiaries in the sector from the improving economy
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NewsChilango breaks through funding target
Chilango, the Mexican restaurant group, has broken through its target of raising £1m from the mini-bond it launched on 9 June through CrowdCube
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NewsM&C20 begins recovery from slump
The M&C20 Leisure Index recouped some of the losses it suffered last week as it finished up five points to 1,183, while the All Share Index fell 11 points to 1,048, once again widening the gap between the indices largely thanks to gains made by Greene King and Mitchells & Butlers
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Heartstone raises further equity
Heartstone Inns, the Enterprise Investment Scheme (EIS)-backed freehold pub operator, has raised a further £1m of equity as it looks to further add to its nine-strong estate
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NewsCalculus confirms Chop’d investment
Private equity fund manager Calculus Capital has confirmed it has invested £2m in Chop’d, the London-based salad bar chain
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Deliveroo raises £2.75m to expand business
Deliveroo, the London-based food delivery platform, has raised £2.75m of new funding to further strengthen its logistics technologies and delivery platform
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Gastropub group launches Crowdcude fundraising bid
A new gastropub group is looking to raise £150,000 for expansion by selling a 7.5% stake in their business on the crowdfunding website Crowdcude
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River Cottage Canteen raises £1m in under 36 hours
River Cottage Canteen, the restaurant and deli concept led by high profile chef Hugh Fearnley-Whittingstall, has reached its £1m fundraising target via the crowd-funding website Crowdcube in under 36 hours
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Analysis & InsightLeisure spending for May at 10-month low
Household leisure spending was down 11% in May compared with April reaching the lowest spend on eating and drinking out since January, according to the Greene King Leisure Spend Tracker
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NewsHansen: pub sector enters 'active M&A period'
The pub sector is entering an “active period of M&A activity”, according to Peter Hansen, founder of Sapient Corporate Finance
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Imbiba completes latest round of fundraising
Imbiba has completed its latest round of fundraising, raising £6m to invest across its two concepts Darwin & Wallace and Camm & Hooper.