The 310p per share offer, which is at a 30.3 per cent premium to Loungers' closing price of 238p on Wednesday, sees Fortress take another chunk of the UK hospitality industry and Loungers position ...
Loungers is to be acquired by US-based investment firm Fortress in a deal that values the all-day café and restaurant group ...
Fortress Investment Group has agreed to acquire Loungers, a hospitality company, for around £338.3 million ($428.1 million; €405.8 million). The price implies an EV of around £350.5 million. Each ...
Hospitality group Loungers is set to be acquired by Fortress Investment Group in a £351million deal valuing the Cosy Club ...
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Loungers opened eight new venues in UK in last three monthsUK-based café, bar and restaurant operator Loungers has expanded its portfolio with the opening of eight new lounges across the UK in the first three months of this year. The recent expansion ...
Loungers, the cafe bar business, has agreed to a takeover by US investment group Fortress Investment Group in a deal valuing it at around £338m. The offer for the UK hospitality group ...
The deal to buy Loungers, owners of the Novello Lounge in Telford, Floro Lounge in Shrewsbury and the Lupo Lounge in Wolverhampton values the firm at around £338 million. The firm, which ...
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