Restaurants & Bars

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create restaurants holdings inc to acquire stake in R21Cuisine

Wednesday, 19 Nov 2014

create restaurants holdings inc:To acquire 99.97 pct stake (3,500 shares) in R21Cuisine, engaged in operation of steamed buns shops, on Nov. 28, for 180 mln yen from PT. Royal Continental and a Hong Kong-based company.To hold 99.97 pct stake in R21Cuisine.

Motivcom plc updates on recommended cash offer by Sodexo SA's Sodexo Motivation Solutions U.K. Ltd

Tuesday, 18 Nov 2014

Motivcom plc:Says the scheme of arrangement in order to effect the recommended acquisition by Sodexo Motivation Solutions U.K. Ltd, a subsidiary of Sodexo SA, of the entire issued and to be issued ordinary share capital of Motivcom, was sanctioned by the High Court of Justice in England and Wales.Says in order for the scheme to become effective in accordance with its terms, the Court will now need to confirm the Capital Reduction at the Second Court Hearing, which is scheduled to take place on Nov. 20.Says subject to court confirmation of the associated Capital Reduction and the timing of the delivery of the Court Orders to Companies House, the Effective Date of the Scheme is expected to be Nov. 20.Upon the Scheme becoming effective, the consideration of 148 pence in cash per Motivcom Share to be paid to Motivcom Shareholders pursuant to the terms of the Scheme is expected to be dispatched or settled in CREST no later than Dec. 05.

Zoe's Kitchen, Inc announces acquisition of Franchised Restaurants in Louisiana

Monday, 10 Nov 2014

Zoe's Kitchen, Inc:Completes acquisition of three Zo√ęs Kitchen restaurants, two restaurants under development, and area development rights in Louisiana from a franchisee for about $8.0 mln in cash.Transaction closed on Nov. 10.

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

Friday, 7 Nov 2014

Starbucks Coffee Japan Ltd:Solar Japan Holdings G.K., which is indirectly wholly-owned by Starbucks Corporation, determined to acquire all shares (excluding the shares held by itself and SCI Ventures S.L.) and the stock options of Starbucks Coffee Japan, Ltd. through a second tender offer, from Nov. 11 to Dec. 22.Solar Japan Holdings G.K. to acquire shares of the company with purchase price of 44,500,107,500 yen, and says this amount calculated by multiplying the number of securities offered to be acquired through the Second Tender Offer (i.e., 30,375,500 shares) by the Second Tender Offer Price (1,465 yen).Says Second Tender Offer Price (1,465 yen per share) for common stock and stock option 115,850 yen per unit.Settlement date to start on Dec. 29.Plan disclosed on Sep. 24 that Solar Japan Holdings aims to acquire 87,376,500 shares of the company in total through first and second tender offer.

TPG Capital LLP Recommends cash acquisition of Prezzo PLC

Thursday, 6 Nov 2014

Prezzo PLC:Announces that they have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco, a newly-incorporated company indirectly owned by the TPG Funds, intends to acquire all of the issued and to be issued share capital of Prezzo.Says under the terms of the transaction, each Prezzo Shareholder will be entitled to receive 126.5 pence in cash for each Prezzo Share held.Says which values the entire issued and to be issued share capital of Prezzo, on a fully diluted basis, at about 303.7 million pound.

Carrols Restaurant Group Inc completes acquisition of 64 Burger King Restaurants

Wednesday, 5 Nov 2014

Carrols Restaurant Group Inc:Completes previously announced acquisition of 64 BURGER KING restaurants from certain subsidiaries of Heartland Food LLC.The acquired restaurants are located in or around Nashville, TN (27 restaurants), Springfield, IL (11 restaurants), Terre Haute, IN (15 restaurants), Evansville, IN (7 restaurants), and other nearby markets (4 restaurants).This expands the company's operations into a number of new markets including two additional states.

Greene King PLC recommends offer for Spirit Pub Company plc

Tuesday, 4 Nov 2014

Greene King PLC:Says Greene King and Spirit announces that they have reached agreement on the terms of a recommended offer pursuant to which Greene King, or a wholly-owned subsidiary of Greene King, will acquire the entire issued and to be issued ordinary share capital of Spirit.Says the cash payment of 8 pence per Spirit Share will comprise the proposed 2014 final dividend of 1.5 pence per Spirit Share payable on Feb. 10, 2015 to Spirit Shareholders on the register on Jan. 16 2015.Says and a special interim dividend of 6.5 pence per Spirit Share payable to Spirit Shareholders on the register on the effective date.

Greene King PLC recommends offer for Spirit Pub Company plc

Tuesday, 4 Nov 2014

Greene King PLC:Says Greene King and Spirit announces that they have reached agreement on the terms of a recommended offer pursuant to which Greene King, or a wholly-owned subsidiary of Greene King, will acquire the entire issued and to be issued ordinary share capital of Spirit.Says the cash payment of 8 pence per Spirit Share will comprise the proposed 2014 final dividend of 1.5 pence per Spirit Share payable on Feb. 10, 2015 to Spirit Shareholders on the register on Jan. 16 2015.Says and a special interim dividend of 6.5 pence per Spirit Share payable to Spirit Shareholders on the register on the effective date.

DP Poland Plc announces sale and sub-franchising of stores

Tuesday, 4 Nov 2014

DP Poland Plc:Says through its wholly-owned subsidiary DP Polska S.A. (DP Polska), has exclusive right to develop and operate Domino's Pizza stores in Poland.Says sale and sub-franchising of 5 corporately managed stores in Warsaw, marking significant step in evolution of its business.Jakub Stepien, company's first sub-franchisee, has agreed to acquire and sub-franchise 3 additional corporately managed stores through Rush Hour Pizza Polska sp. z o.o (Rush Hour Pizza), an entity backed by Working Capital Management PTE Ltd (WCM), Singapore-based investment manager.Concurrently, Rush Hour Pizza will acquire Jakub's existing store. Jakub has become a shareholder in Rush Hour Pizza and will take on responsibility for driving growth and profitability at Rush Hour Pizza.

Gayety Holdings Ltd's Food Idea Group Ltd to acquire 51 pct of equity interests in Doreme

Monday, 3 Nov 2014

Gayety Holdings Ltd:Says (Food Idea Group Ltd) purchaser, subsidiary entered into non-legally binding MoU with ( Ng Ka Ho) vendor in relation to possible acquisition on Nov.3.Under MOU, purchaser intends to acquire and vendor intends to dispose of entire issued share capital of (Fine Treasure Investments Ltd) target which, in turn, will hold 51 pct of equity interests in Doreme upon completion of doreme acquisition or.At request of purchaser, to procure legal owner of doreme to directly dispose of 51 pct of equity interests in Doreme to purchaser.

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