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RSTGF / Wagamama owner closes venues as activist investor grumbles grow louder

Wagamama owner closes venues as activist investor grumbles grow louder
Restaurant Group PLC (LSE:RTN) (TRG), owner of the restaurant brand Wagamama, will close 23 sites by next month. The sites affected are the group's ‘Leisure Brands', which will mean the exit of Frankie & Benny's and Chiquito sites. Read More
Posted: May 3 2023, 09:29
Author Name: Proactive Investors
Views: 110227

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Wagamama owner awaiting new bid? Offer too low, says analysts

By Proactive Investors
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Wagamama owner awaiting new bid? Offer too low, says analysts

Wagamama owner The Restaurant Group PLC (LSE:RTN) could be poised to receive another bid after Rock BidCo, a vehicle owned by Apollo Funds, purchase o more_horizontal

Apollo to buy struggling owner of Wagamama chain for nearly $900 million

By Market Watch
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Apollo to buy struggling owner of Wagamama chain for nearly $900 million

Private equity fund Apollo Global Management on Thursday said it had struck a deal to snap up struggling U.K. restaurant operator The Restaurant Group more_horizontal

Wagamama owner TRG soars after agreeing Apollo bid

By Proactive Investors
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Wagamama owner TRG soars after agreeing Apollo bid

Shares in Wagamama owner, The Restaurant Group PLC, have soared 37% after agreeing a bid from Apollo Global Management valuing the business at £506 more_horizontal

Will Wagamama's owner listening to investors bring yet more change

By Proactive Investors
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Will Wagamama's owner listening to investors bring yet more change

Shares in Wagamama's owner The Restaurant Group PLC (LSE:RTN) (TRG) are down close to 60% compared to two years ago, but it appears that this year was more_horizontal

Wagamama owner chair resigns after months of activist pressure

By Proactive Investors
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Wagamama owner chair resigns after months of activist pressure

Wagamama owner Restaurant Group jumped 6% as it announced the departure of chairman Ken Hanna following months of pressure from activist funds wanting more_horizontal

Airport revival flips Wagamama-owner Restaurant Group into profit

By Proactive Investors
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Airport revival flips Wagamama-owner Restaurant Group into profit

The Restaurant Group PLC (LSE:RTN), owner of Wagamama and Frankie & Benny's among other food chains, has shaken off its loss-making 2022 with a profit more_horizontal

Wagamama owner soars as sales boost quiets critics

By Proactive Investors
July 19, 2023

Wagamama owner soars as sales boost quiets critics

The Restaurant Group PLC (LSE:RTN), owners of hospitality brands like Wagamama, soared by around 8% on Wednesday morning after a trading update dispel more_horizontal

Wagamama owner faces fresh criticism from activist investor

By Proactive Investors
July 12, 2023

Wagamama owner faces fresh criticism from activist investor

The Restaurant Group PLC (LSE:RTN) (TRG), the owner of Wagamama and other hospitality brands, is coming under fire again from activist investors call more_horizontal


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