Restaurants & Bars
Elior Participations SCA:Acquires Lexington, a Business & Industry catering specialist in the City of London and sells a non-strategic asset in Chile.Says Areas Chile, an Areas subsidiary, has sold its 40 pct stake in Arcoprime - a joint venture set up in Chile with a local group, COPEC.
Einstein Noah Restaurant Group Inc:Says a definitive agreement under which an affiliate of JAB Holding Company (JAB) will acquire Einstein Noah Restaurant Group for $20.25 per share in cash, or a total diluted equity value of about $374 million.The agreement, which has been unanimously approved by Einstein Noah Restaurant Group's directors, represents a premium of about 47 percent.
Colowide Co Ltd:To acquire 18,693,330 shares in REINS international inc. from an investment partnership and an individual, through two subsidiaries and the company itself, on Feb. 16, 2015.To hold 100 pct stake (55,974,447 shares) in REINS international directly and indirectly up from 66.6 pct (37,281,117 shares).Transaction price not disclosed.
Starbucks Coffee Japan Ltd:Solar Japan Holdings to acquire no less than 57,000,000 shares of the company at 965 yen per share in first takeover bid, with settlement date started on Oct. 31.Solar Japan Holdings to acquire shares of the company at 1,465 yen per share in second takeover bid, with settlement date started on Dec. 29.Solar Japan Holdings aims to acquire 87,376,500 shares of the company for 84,318,322,500 yen.
Asrapport Dining Co Ltd to acquire RESONANCE DINING.INC and raises consolidated full-year outlook for FY 2015
Asrapport Dining Co Ltd:To acquire 400 shares (100 pct stake) of RESONANCE DINING.INC from Hanshinshuhan with amount of 672 million yen on Sep. 30.Says the company increased the consolidated full-year outlook for revenue to 11,026 million yen from 10,426 million yen for the FY ending March 2015.Operating profit forecast increased to 696 million yen from 674 million yen.Ordinary profit forecast increased to 623 million yen from 601 million yen.Net profit forecast increased to 355 million yen from 342 million yen.Earnings per share increased to 19.13 yen from 18.44 yen.Comments the increased income are the main reasons for the forecast.
Carrols Restaurant Group Inc:On Sept. 18, it exercised right of first refusal to purchase 30 BURGER KING(reg) restaurants in eastern North Carolina under same terms and conditions of existing purchase and sale agreement between the sellers and unrelated third party.Total purchase price is about $20 million payable in cash at closing, and assets to be purchased include 12 fee-owned properties.Transaction is expected to be completed in early Oct.
Eat& Co Ltd:Acquired 40 shares in a Tokyo-based subsidiary, Food Runner, increased voting rights in the subsidiary to a 100 pct (400 shares) from 90 pct (360 shares), at price of 2 mln yen.Effective July 15.
Berjaya Food Bhd:Refers to the announcement made on July 23 in relation to the acquisition.Says the acquisition has been completed on even date.
Papa Murphy's Holdings Inc:Says acquisition of nine Papa Murphy's stores in Minneapolis, MN for about $3.4 mln.Company completed acquisition of locations from single franchisee in mid-August, bringing the company-owned store count to 24 units in the Minneapolis market. Overall, Papa Murphy's and its franchisees operate 78 stores in Minneapolis market.