Restaurants & Bars
Spirit Pub Company plc:Announces that it received a revised proposal from Greene King on 18 October 2014 regarding a possible offer.Revised proposal comprises 0.1322 Greene King shares per Spirit share and a cash payment of 8 pence (including any 2014 final dividend) representing an indicative value of about 109.5 pence per Spirit share based on closing price of Greene King shares on Oct. 17.Under revised proposal, Spirit shareholders would own about 29 percent of combined new Greene King.Says Board is in discussions with Greene King in relation to these terms.
The Second Cup Ltd:Acquires 17 Second Cup cafés concentrated in prime Toronto area locations.Says the cafés are owned by long-standing franchisees, Debbie and Bob Riche.
Young & Co's Brewery Plc:To acquire the entire issued share capital of 580 Limited, a company that through itself and its subsidiaries owns and operates four pubs in prime London locations.Total consideration is 10.4 mln pounds on a debt free basis.
Central Plaza Hotel PCL:Says acquisition of addition 588,000 shares ( 49 pct ) of paid up share capital in kata Phuket Hotel Co Ltd from kata Phuket Hotel 3 Holdings Co Ltd.After 49 pct acquisition, company holds 99 pct in Kata Phuket Hotel Co Ltd.Says total value investment will be 110,000,000 Bhat payable by cash.
Choushimaru Co Ltd:To acquire two Sushi stores from Chiba-based company that has been engaged in sushi and pork cutlet restaurant management.Transaction price 245 mln yen, and planned effective Nov. 16.
Carrols Restaurant Group Inc:Says on Oct. 8, it completed previously announced acquisition of 30 BURGER KING(reg) restaurants located in eastern North Carolina.
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.