Greene King logo

Spirit set to recommend revised Greene King offer

20 Oct 2014

Spirit Pub Company has announced that it is willing to recommend a revised takeover offer from Greene King of approximately 109.5p, which values the company at £723.5m

Top Stories

Spirit logo

Cerberus sells eight-strong pub portfolio for £54m

17 Oct 2014

TIAA Henderson Real Estate has acquired a portfolio of eight central London-based freehold pubs, all let to Spirit Pub Company, from Cerberus Capital Management for £54m

Stephen Goodyear of Young's

Young’s completes 580 Group deal

17 Oct 2014

Young’s has completed the acquisition of 580 Limited, the operator of four pubs in prime London locations, for £10.4m

Fulham Shore begins trading on AIM

20 Oct 2014

Fulham Shore has completed the acquisition of Kefi Ltd, the owner and operator of The Real Greek, for £13.9m and commenced trading on AIM

David Buttress of Just Eat

Batram: Short-term delivery, long-term questions with Just Eat

20 Oct 2014

Leading analyst Nick Batram at Peel Hunt says that Just Eat still offers the potential to be a highly profitable business, but investors need to “enjoy the dish now before it gets cold”

Noble Inns sells Lady Ottoline to Truffle Hunting

19 Oct 2014

Noble Inns has sold its Lady Ottoline site in Bloomsbury, London, to restaurant operator and consultancy firm Truffle Hunting

Cote

Cote confirmed for Liverpool One

19 Oct 2014

Cote has confirmed it will open a 2,707sq ft restaurant on Liverpool ONE’s Paradise Street in early December

Project Pie partners Howard for UK launch

19 Oct 2014

Former Hakkasan chief executive Niall Howard has entered into partnership with Project Pie to launch the brand in the UK

Piper takes stake in Hickory’s Smokehouse

18 Oct 2014

Piper, the private equity backer of Loungers and Be At One, has acquired a stake in Hickory’s Smokehouse, the north west-based BBQ restaurant chain

Drinkaware launches campaign to address sexual harassment

17 Oct 2014 | By Ellie Bothwell

Drinkaware and the Nottingham Crime & Drug Partnership have joined forces to launch a campaign to address sexual harassment in the night-time economy

Inside Track

BrewDog Camden

Is crowdfunding just equity for punks?

20 Oct 2014

Judging from the number of businesses which have jumped on its bandwagon to raise capital for growth, it’s clear that crowdfunding is – at the moment – as hot as pulled pork, says Paul Hemming, partner and head of Corporate Finance at Zolfo Cooper

Beefeater

Now serving up great memories

17 Oct 2014

Whitbread restaurants was founded in the wake of the financial crisis hitting the UK. But, with a strategy of creating great food and memories, the company is now enjoying good times. Paul Flaum, managing director, tells the story

It’s a funny old business running Yummy

17 Oct 2014 | By Mel Flaherty

Tim Foster, ‘head of mischief’ at Yummy pubco, talks to Mel Flaherty about his childhood influences and adult acceptance of his shortcomings

Five Guys Bluewater

Burgers will continue to burgeon

13 Oct 2014

Predicting that the end is nigh for the UK’s burger-joint appetite is akin to a 30-year-old suggestion that McDonald’s was just a fad – but the key lies in making the marketing sustainable, says Tim Lowthe

Prezzo logo

M&A market back with a boom

10 Oct 2014 | By Dominic Walsh

Two potential deals are keeping City gossip hot at the moment, but they are very different types of bid. One company is categorically saying no to an offer while silence rules the other tender, Dominic Walsh tells all

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