Finance – Page 173
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Debenhams to focus on “pain points” across f&b offers
Debenhams has said it intends to focus on tackling some of the key “pain points” for customers across the food and beverage offers within its estate.
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BrewDog abandons trading day after website crashes
BrewDog’s share trading day has been rescheduled after trading platform Asset Match’s website crashed.
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BrewDog to sell 6.25m shares today
BrewDog is holding its annual share trading today, during which investors in its Equity for Punks crowdfunding programme can sell shares.
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NewsMcDonald’s UK delivers another strong trading quarter
McDonald’s has achieved its 42nd consecutive quarter of sales growth in the UK
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US fund pulled out of deal for GK package
A US investment fund pulled out of a deal to acquire the majority of the c90 pubs, which Greene King placed on the market earlier this summer
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Imbiba launches new fundraising round
Imbiba Partnership, the former backer of Drake & Morgan, has launched a new EIS funding seeking to raise £10m
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Pernod warns of Brexit impact on prices
Pernod Ricard has warned that the slump in the pound after the Brexit vote would force it to raise prices in the UK
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Time Out acquires events discovery and booking platform
Time Out Group has announced it has acquired YPlan a “mobile-first” events discovery and booking platform
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FY lfls up 5.1% at Banana Tree
Banana Tree has reported a 12.5% increase in turnover to £9m, in the year to 30 April 2016
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H1 EBITDA up 57% at Coaching Inn Group
The Coaching Inn Group has reported a 57% rise in group EBITDA to £1.04m for the first six months of the year,
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SSP to enter Indian travel F&B market
SSP Group has announced it is set to make its entrance into the Indian travel food and beverage market,
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NewsFY EBITDA up 63% at NWTC
NWTC, the Graphite Capital-backed pub restaurant group, saw sales increase 70% to £30.1m in the year to the end of March 2016
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Analyst corner: Brumby on Domino’s
Leading analyst Mark Brumby says that Domino’s UK’s main drivers of growth now appear to be splitting existing UK trading areas and acquiring stakes in overseas master franchisees
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NewsGeneral Atlantic acquires stake in Joe & the Juice
Global growth equity investment firm General Atlantic has acquired a minority stake in Danish juice bar concept Joe & the Juice.
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NewsD&D set to complete refinance
D&D London is set to complete a refinancing this week of its £25m revolving debt facility
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Sky Q1 lfls up 5%
Sky has reported revenues up 5% in the UK & Ireland in its first quarter, which it said was driven by June’s price rise and an extended range of services but offset by weakness in the UK television advertising market.
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Booker non-tobacco lfls up 0.1% in H1
Booker Group saw like-for-like non tobacco sales rise slightly by 0.1% for the 24 weeks to 9 September.
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Vianet ‘strengthens market position’ in H1
Vianet has said that its beer flow monitoring operations, including iDraught, have continued to strengthened their market position, as it updated the market on its half year performance.
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NewsBoparan confirms Ed's Easy Diner deal
Boparan has confirmed the acquisition of 33 Ed’s Easy Diner sites, which have been added to the Giraffe business it acquired earlier this year
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Asahi completes Miller Brands takeover
Asahi has completed its acquisition of Miller Brands UK, in a deal worth c£2.2bn.