Pizza Express owner not planning to make offer for Restaurant Group

7th Nov 2023 07:58

(Sharecast News) - The owner of Pizza Express cited "market conditions" on Tuesday as it confirmed that it does not intend to make an offer for The Restaurant Group.

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Pizza Express owner considering bid for Restaurant Group

26th Oct 2023 07:23

(Sharecast News) - The Restaurant Group confirmed on Thursday that Wheel Topco, the owner of Pizza Express, is considering making a bid for the company.

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London close: Stocks mixed as US inflation comes in slightly hot

12th Oct 2023 16:02

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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Restaurant Group's £700m takeover bid "too low", says Shore Capital

12th Oct 2023 10:10

(Sharecast News) - Shore Capital has said that the value of Apollo Group's takeover bid of Restaurant Group is "too low", despite the hospitality company recommending the offer to shareholders.

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Restaurant Group to be taken over by PE firm Apollo in £701m deal

12th Oct 2023 07:48

(Sharecast News) - Wagamama owner The Restaurant Group said on Thursday that it has agreed to be taken over by private equity firm Apollo in a £701m deal.

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Restaurant Group offloads loss-making brands Frankie & Benny's and Chiquito

11th Sep 2023 07:29

(Sharecast News) - Shares in The Restaurant Group (TRG) jumped on Monday after the company announced it was finally exiting its loss-making Leisure business by offloading 75 trading sites to the Big Table Group.

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Restaurant Group chair Ken Hanna to step down

8th Sep 2023 07:26

(Sharecast News) - The Restaurant Group (TRG) has announced that its chair Ken Hanna is stepping down next year "due to personal reasons".

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Restaurant Group returns to profit after strong first half

6th Sep 2023 10:43

(Sharecast News) - The Restaurant Group boosted its full-year guidance on Wednesday, after a strong first half saw it swing back into the black.

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Wagamama underpins strong Restaurant Group trading

19th Jul 2023 07:24

(Sharecast News) - Hospitality operator the Restaurant Group reported a strong first-half performance in an update on Wednesday, expressing confidence in delivering its medium-term plan.

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Activist investor calling for Restaurant Group chair to step down - report

11th Jul 2023 14:45

(Sharecast News) - Activist investor Irenic Capital Management is reportedly calling for Restaurant Group chairman Ken Hanna to step down, alleging corporate governance failures and policy violations.

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Restaurant Group shareholders approve CEO's mammoth pay packet

23rd May 2023 15:07

(Sharecast News) - Shareholders in Wagamama owner the Restaurant Group (TRG) narrowly voted in favour of approving its controversial executive remuneration package at its annual general meeting on Tuesday.

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Investor calls for break up of The Restaurant Group - report

22nd May 2023 10:48

(Sharecast News) - The Restaurant Group is facing pressure from a US activist investor to break itself up, it emerged on Monday.

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Restaurant Group reports 'very encouraging' trading

2nd May 2023 09:59

(Sharecast News) - The Restaurant Group reported "very encouraging" trading for the first four months of the year, putting it ahead of schedule to achieve its medium-term targets for increasing its margins and reducing its debt.

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Wagamama owner to close restaurants as losses grow

8th Mar 2023 09:45

(Sharecast News) - Wagamama owner Restaurant Group said on Wednesday that it plans to cut its leisure estate by around 30% as it posted a widening of its full-year losses in a "challenging" market.

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Oasis urges Restaurant Group to take action to restore market confidence

16th Feb 2023 09:02

(Sharecast News) - Restaurant Group hit back on Thursday after hedge fund Oasis Management said the Wagamama owner needed to take "immediate steps to restore market confidence" following the decline in the share price.

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