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Find the latest business news, deals and advice affecting you and others in the industry.

Green light for Hilton takeover

Green light for Hilton takeover

By Andy Lynes

Hilton Hotels Corporation’s (HHC) shareholders have approved the company’s £13 billion takeover by Blackstone, the US private equity group. Under the deal, due to be completed by the end of this month, Blackstone will pay HHC shareholders $47.50 (&

Pret A Manger considering a buyout

Pret A Manger considering a buyout

By BigHospitality Writer

Pret A Manger sandwich chain is thought to be considering a buyout, instead of the formerly mooted floatation, after unsolicited approaches by several equity firms. The company, which was set up by Julian Metcalfe and Sinclair Beecham in 1986 and now...

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