Finance – Page 204
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NewsSquare Pie to hit 40 sites
Gourmet pie shop chain Square Pie is considering franchising to accelerate its expansion as part of plans to reach up to 40 UK sites in the next three to four years
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NewsSummer budget: Operators’ response
Operators and commentators tell M&C what impact they think yesterday’s Budget announcements, including the introduction of a National Living Wage, will have on the sector.
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Hotcha launches £1m mini-bond
Chinese takeaway operator Hotcha has launched a crowd funding campaign to raise £1m to grow as national chain over the next five years
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CPL buys ABV Training
CPL Training has acquired competitor ABV Training as part of its plan to increase its UK market share.
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OpinionCloud on the horizon of sector’s sunny outlook
Against a positive backdrop of economic stability, growing demand for eating out options and increasing interest from investors, why aren’t sector like-for-likes keeping pace. Peter Hansen, founder of Sapient Corporate Finance gives his view.
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NewsBGF runs rule over Giggling Squid
The Business Growth Fund is believed to have run the rule over Giggling Squid, the fast-growing Thai chain
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Batram: Cineworld management keen to reassure market
Batram: Cineworld keen to reassure the market post chief financial officer Philip Bowcock’s unexpected departure
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NewsFive Guys secures Fuller’s site
Five Guys, the popular US burger chain, has secured a further site in London, after acquiring the lease of The Swift pub in Putney from Fuller’s, M&C understands.
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NewsOsmond drops out of La Tasca running
Hugh Osmond’s Sun Capital vehicle is understood to have dropped out of the running to acquire La Tasca, which was placed on the market earlier this year
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NewsOsmond runs rule over La Tasca
Hugh Osmond’s Sun Capital Partners vehicle is believed to be one of the parties running the rule over La Tasca
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Consumer confidence at 15-year high
Consumer confidence in the UK is at its highest point for 15 years this month despite weak household spending earlier in the year
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NewsGraysons eyes Tony Roma’s expansion
Graysons is believed to have taken a stake in the UK-based business of the US casual-dining brand Tony Roma’s.
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NewsCabana closes in on fundraising total
Cabana is close to securing £5m of new funding as it confirmed it had secured its next site in London’s Brixton
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NewsPE and trade suitors circle La Tasca
Up to six parties are still believed to be in the running to acquire La Tasca, which was placed on the market earlier this year
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Notes exceeds crowdfunding target
Notes, the London-based coffee shop and wine bar concept, has exceeded its crowdfunding target.
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Anheuser-Busch to invest $1.5bn upgrading US operations
Anheuser-Busch InBev NV plans to invest c$1.5bn on upgrading its US operations over the next three years
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NewsEBITDA per pub up 11% at Thwaites
Thwaites saw EBITDA pubs across its c300-strong estate increase 11% in the 12 months to 31 March 2015
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NewsFY EBITDA up 5.9% at Carluccio’s
Carluccio’s, the Neil Wickers-led group, saw EBITDA climb 5.9% to £14.3m in the 52 weeks to 28 September 2014
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US private equity firm to acquire Fourth
Insight Venture Partners, the New York-based, technology-focused private equity firm, has agreed to acquire Fourth
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Criterion placed in administration
Neo-Byzantine restaurant Criterion in London’s Piccadilly has entered the administration process