Restaurants & Bars

Page 1

Diamond Dining subsidiary to acquire asset

Wednesday, 25 Feb 2015

Diamond Dining Co Ltd:Subsidiary GOLDEN MAGIC to acquire 11 restaurant asset for business from an Osaka-based restaurant business company on March 1.

Chanticleer holdings to acquire Better Burger Concept BGR: The Burger Joint

Wednesday, 18 Feb 2015

Chanticleer Holdings:Signs a definitive agreement to acquire BGR: The Burger Joint, a better burger concept well-known in the Maryland/Washington, D.C./Virginia area.Expects to close the acquisition on or around March 15.

Diamond Dining subsidiary to acquire fixed assets

Wednesday, 18 Feb 2015

Diamond Dining Co Ltd:Tokyo-based subsidiary GOLDEN MAGIC. to acquire fixed assets including land and stores from Osaka-based company on Feb. 18.Transaction amount is not disclosed.

H2O Retailing announces basic agreement with Umenohana

Friday, 13 Feb 2015

H2O Retailing Corp:Signed basic agreement on study start toward Umenohana to become subsidiary of H2O Retailing.Details to be decided.

Neo Group Ltd enters into non-binding term sheet in relation to the proposed acquisition relating to Thong Siek Group

Thursday, 12 Feb 2015

Neo Group Ltd:Says it has entered into a legally non-binding term sheet with existing shareholders of Thong Siek Food Industry Pte Ltd and certain related companies to undertake a restructuring exercise for them to be wholly owned by a new holding company (Newco).Says following which the company will acquire an aggregate of 55 pct of the total issued and paid-up share capital of the Newco (Proposed Acquisition).Says following the signing of the term sheet, the company will conduct its due diligence investigations in connection with the proposed acquisition and the parties will work towards finalising the definitive agreements in relation to the proposed acquisition.

RCI Hospitality Holdings Inc subsidiary signs definitive agreement to acquire "The Seville Club" in Minneapolis

Monday, 9 Feb 2015

RCI Hospitality Holdings Inc:Says subsidiary has signed a definitive agreement to acquire The Seville Club of Minneapolis, a popular gentlemen's club known for its comfortable and elegant atmosphere and famous downtown location.A separate RCI subsidiary has also signed a definitive agreement to purchase the club's real estate.Total consideration of $8.5 million will consist of $4.5 million for the assets of the club business and $4.0 million for its historic renovated building at 15 Glenwood Avenue North.Payment will be made through a combination of bank and seller financing and cash.The transactions are subject to usual and customary closing conditions for transactions of this nature.

Starbucks Coffee Japan announces partial change to article of incorporation to enable full acquisition by Solar Japan Holdings

Tuesday, 27 Jan 2015

Starbucks Coffee Japan Ltd:Received shareholders' approval to make partial change to its article of incorporation to enable Solar Japan Holdings to fully acquire Starbucks Coffee Japan.Says Solar Japan Holdings conducted a takeover bid for the shares of Starbucks Coffee Japan during the period from Sep. 26, 2014 to Oct. 21, 2014 and Nov. 10, 2014 to Dec. 22, 2014, acquiring 54.15 pct stake in Starbucks Coffee Japan.To make a change to its article of incorporation to issue Class A classified stock, with 1/3,126,813 share of Class A share to be exchanged with one share of Starbucks Coffee Japan’ common stock, on March 26.Says Starbucks Coffee Japan's stock will be delisted from Jasdaq Market of Tokyo Stock Exchange, effective March 23.

Meritage Hospitality Group Inc completes acquisition of Wendy's Restaurants in Tallahassee, Florida

Thursday, 15 Jan 2015

Meritage Hospitality Group Inc:Says it has completed the acquisition of 9 Wendy's restaurants located in Tallahassee, FL.Says the transaction was funded through a combination of cash on hand and acquisition credit facilities.

RCI Hospitality Holdings, Inc. subsidiary acquires Down in Texas Saloon"Club in Austin

Wednesday, 14 Jan 2015

RCI Hospitality Holdings Inc:Says acquisition by subsidiary of Down in Texas Saloon gentlemen's club, expanding RCI's presence in the fast growing Austin, TX market.As part of the transaction, an RCI subsidiary also purchased the club's real estate.Total consideration of $6.8 mln consisted of $3.5 mln for the club business and $3.3 mln for its 3.5 acres of real estate.Payment was in form of $1 mln in cash and $1.4 mln in seller financing at 6 pct annual interest, with balance provided by commercial bank financing at variable interest rate equal to prime rate plus 2 pct, but in no event less than 6.5 pct.

Restamax says subsidiary finalises acquisition with Staff Invest Group

Wednesday, 31 Dec 2014

Restamax Oyj:Says the company's subsidiary, Smile Henkilostopalvelut, finalised corporate acquisition made with Staff Invest Group, announced on Aug. 1.Based on financial statements of the companies acquired as of July 31, the additional purchase price was set at 301,798.70 euros.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary