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Restaurants & Bars

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Papa john's international announces development deal to expand in Egypt

Friday, 30 Sep 2016

Papa John's International : Papa John's International announces development deal to expand in Egypt .Looking for potential franchisees in parts of France, as well as Poland, Germany, Ukraine, Czech Republic and Belgium.

Ajisen China Holdings updates on JV agreement

Friday, 30 Sep 2016

Ajisen China Holdings Ltd <0538.HK>: Aj europe agreed to subscribe 799 shares in jv company at subscription price of us$2 million . Ajisen overseas agreed to enter into trademark licence agreement with jv company .Aj europe (an indirect wholly-owned subsidiary of company), ajisen overseas and jv company entered into joint venture agreement.

Luxor Capital Group posts 9.9 pct passive stake in BJ's Restaurants, as of Sept. 29 - SEC Filing

Thursday, 29 Sep 2016

BJ's Restaurants Inc:Luxor Capital Group LP reports 9.9 percent passive stake in BJ's Restaurants Inc, as of September 29, 2016 - SEC Filing.

Burger Fuel Worldwide announces purchase of Burgerfuel Takapuna Restaurant

Thursday, 29 Sep 2016

Burger Fuel Worldwide Ltd :Announced purchase of Burgerfuel Takapuna Restaurant from its current franchisee.

Taco bell says entered Brazilian marketplace alongside Sforza Holding

Thursday, 29 Sep 2016

Taco Bell Corp : Entered Brazilian Marketplace Alongside Sforza Holding .Taco Bell Teams Up With Leading Brazilian Retailer To Open Five S Ã O Paulo Locations In 2016.

Doyen International says Chen Yang resigned as CEO, Cho Chun Wai appointed as executive director

Thursday, 29 Sep 2016

Doyen International Holdings Ltd <0668.HK> : Cho Chun Wai has been appointed as an executive director and authorised representative .Chen Yang has resigned as executive director, chief executive officer.

j-Group Holdings scraps selling land and building

Thursday, 29 Sep 2016

j-Group Holdings Corp <3063.T>: Says it scraps the selling plan of land and building . Says the reason is that the payment was not available on Sep. 28 .Says previous plan disclosed on Aug. 30.

Kichiri & announces business alliance with soccer club firm

Thursday, 29 Sep 2016

Kichiri & Co Ltd <3082.T>: Says it formed business alliance with Kanagawa-based soccer club firm on Sep. 29 . Says two parties to open restaurant in Kanagawa, named as MEAT COMPANY with Bellmare .Says the restaurant to get the rights to hold the club's players' signing sessions and play the club's videos.

BRIEF-Yum Brands: Micky Pant to lead spun-off Yum China after split

Thursday, 29 Sep 2016

Corrects to clarify that Micky Pant is expected to take on CEO role of Yum China after spin-off. The new role will replace his current position as head of Yum's China unit, from which he is expected to resign..off. The new role will replace his current position as head of Yum's China unit, from which he is expected to resign.) Sept 26 (Reuters) - Yum Brands : In connection with spin-off, Muktesh (Micky) Pant will resign as CEO of Yum's current China division, conditioned on the completion of the spin-off . Pant is expected then to become CEO of the newly-formed Yum China following the spin-off expected later this year . In connection with the spin-off, Jonathan Linen will depart from the current board and audit committee and will become a member of the new Yum China board .Linen's resignation from board and appointment to Yum China's board is expected to be effective as of October 12, 2016.

Cosi Inc. files for Chapter 11 restructuring

Wednesday, 28 Sep 2016

Cosi Inc : Cosi, Inc.- Files for chapter 11 restructuring . Cosi Inc says It and its subsidiaries filed voluntary Chapter 11 petitions in United States Bankruptcy Court for District Of Massachusetts . Cosi Inc -Obtained approximately $4 million in post-petition debtor-in-possession (DIP) financing . Cosi inc says notice of proposed sale to DIP lenders or their designees will be given to third parties and competing bids will be solicited . Cosi Inc-Company will appoint a Chief Restructuring Officer within 7-10 days . Cosi Inc -DIP would serve as "stalking horse" in a sale process under section 363 of bankruptcy code, subject to Bankruptcy Court approval . Cosi Inc- 31 franchised locations are unaffected . Cosi Inc- Prior to Chapter 11 filing, Cosi entered into a non-binding term sheet with its lenders . Cosi Inc says board of directors will manage bidding process and evaluate bids . Cosi Inc- DIP lenders or their designees have proposed to purchase substantially all of Cosi's assets . Cosi Inc -Prior to Chapter 11 filing, company closed 29 of 74 company-owned restaurants .Cosi Inc-Patrick Bennett continues to serve as interim CEO, and Edward Schatz of O'connor Group, Inc. Continues to serve as interim CFO.

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