Finance – Page 404
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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 ...