Restaurants & Bars

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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.

Hiramatsu to acquire real estate

Thursday, 25 Dec 2014

Hiramatsu Inc:To acquire Kyoto-based real estate with amount of 1,650 million yen from KODAIJI DOI. on Feb. 27, 2015.

Starbucks Coffee Japan Ltd announces result of second tender offer by Solar Japan Holdings G.K.

Wednesday, 24 Dec 2014

Starbucks Coffee Japan Ltd:Announces result of second tender offer by Solar Japan Holdings G.K. that Solar Japan Holdings G.K. acquired 21,170,326 shares, to increase voting rights to 54.14 pct from 39.48 pct, in the company, at 1,465 yen per share, from Nov. 10 to Dec. 22.Settlement date to start on Dec. 29.Says plan of second tender offer by Solar Japan Holdings G.K. disclosed on Nov. 7.

Papa Bella Enterprises Inc acquires Mini-Dollar Stores, Inc. Subsidiary From Global Holdings, Inc; announces new CEO, president and Chairman

Tuesday, 16 Dec 2014

Papa Bella Enterprises Inc:Says acquisition of the Mini-Dollar Stores, Inc. subsidiary from Global Holdings, Inc.Company will change its name to Mini-Dollar Stores, Inc. to reflect PAPA's new business direction, but will keep the symbol PAPA.Further, Merle Ferguson has been appointed as PAPA's new CEO, President and Chairman of the Board.

Restaurant Brands International announces completion of Tim Hortons and Burger King transaction

Friday, 12 Dec 2014

Restaurant Brands International Inc:Completes transaction with Tim Hortons Inc and Burger King Worldwide, Inc.Says transaction creates Restaurant Brands International, a new global quick service restaurant operating two independent brands.Effective as of the close of trading on Dec. 12, Tim Hortons common shares and Burger King Worldwide common stock will cease trading on the Toronto Stock Exchange and New York Stock Exchange.Says its common shares will begin trading on the Toronto Stock Exchange and New York Stock Exchange under the trading symbol QSR on Dec. 15.Says exchangeable units of Restaurant Brands International Limited Partnership, a subsidiary of Restaurant Brands International, will also commence trading on the Toronto Stock Exchange under the trading symbol QSP on Dec. 15.

Diamond Dining Co Ltd subsidiary to set up new subsidiary and to acquire wedding business from KNG Corporation

Tuesday, 9 Dec 2014

Diamond Dining Co Ltd:Subsidiary Diamond Dining International Corporation to acquire wedding business related rights and assets from KNG Corporation, through a new subsidiary Diamond Wedding LLC, which to be set up on Dec. 8.Expected transaction date Dec. 30.Transaction price not disclosed.

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