Stock Market

Marriott-Starwood takeover set for mid-2016

11-Apr-2016 By Sophie Witts

Marriott International is set to take over the Starwood hotel chain in mid-2016 after both company’s shareholders voted to approve the merger.

Marriott-Starwood merger back on as Anbang drops $14bn offer

01-Apr-2016 By Sophie Witts

The Chinese-led consortium bidding to takeover Starwood Hotels & Resorts has formally withdrawn its offer, paving the way for Starwood’s merger with Marriott to go ahead.

Malmaison and Hotel du Vin owner suspends shares to work out debt repayment

01-Nov-2012 By Emma Eversham

MWB Group Holdings, owner of the boutique hotel chains Malmaison and Hotel du Vin, has suspended its shares from the London Stock Exchange to enable it to discuss how it will repay debts owed to its subsidiary company MWB Business Exchange. 

ASK THE EXPERTS

How best to manage a business break-up

12-Jun-2012 By Barney Leaf

Many restaurant and hotel businesses are set up through partnerships, but what do you do when one partner wants out? Barney Leaf, an expert in shareholder disputes at Laytons Solicitors, advises on how best to manage a business break-up.

Fuller’s: Capital’s expansion plans could ‘dilute quality’ of estate

22-Jun-2011 By Becky Paskin

Fuller’s has responded to Capital Pub Company’s rejection of its takeover attempt with claims its growth strategy could ‘dilute the overall quality and attractiveness of the estate’.

Fuller’s £53.9m bid for Capital Pub Company rejected

17-Jun-2011 By Becky Paskin

Capital Pub Company has rejected a bid by Fuller’s to acquire the group for £53.9m and has refused to enter talks with the group, claiming such a price ‘substantially undervalued the business and its prospects’.

Piccolino operator set for private takeover

07-Jun-2011 By Lorraine Heller

The Individual Restaurant Company (IRC), operator of Piccolino and Restaurant Bar & Grill, is to be fully acquired by W2D2 the consortium led by leading shareholder Malcolm Walker and chief executive Steven Walker.

Sandwich chain Eat up for sale

12-Oct-2010 By Martyn Leek

Eat, the sandwich shop chain, has been put up for sale again, just months after talks with Waitrose over a potential buyout came to an end

Carluccio’s poised for £90m sale deal

02-Sep-2010 By Mark Stretton

Carluccio’s, the all-day Italian restaurant chain, is on the verge of accepting an offer of £90m for the entire group – from its franchise partner in the Middle East

Capital Pub Company looks to raise £5.5m to buy three pubs

15-Jun-2010 By Martyn Leek

The Capital Pub Company is to ask its shareholders for permission to raise around £5.5m to fund up to three pub acquisitions this year

Kaye family tighten grip on Dim T operator

10-Jun-2010 By Chris Druce

The Kaye family has strengthened its position in Tasty, the AIM listed operator behind the Dim T chain of restaurants, following a £2m share placing

Gaucho profits leap

19-May-2010 By Chris Druce

Gaucho, the Argentinean steakhouse concept, achieved a 20 per cent rise in profits up to £7.6m in 2009

City watchdog officially clears Mitchells & Butlers

23-Apr-2010 By Chris Druce

The Takeover Panel, the City watchdog, has officially ruled there was no collusion between shareholders in the battle to control pub giant Mitchells & Butlers

Cavendish Bars buys seven Walkabouts from Regent Inns

16-Jun-2009 By Emma Eversham

Regent Inns sells seven of its Walkabout sites to Cavendish Bars to enable it to focus on prime sites within its core estate.

FishWorks restaurant chain goes into administration

21-Jan-2009 By Becky Paskin

Struggling restaurant chain FishWorks calls in administrators, blaming ‘current market conditions’ for its downfall