In light of that, when we looked at Loungers (LON:LGRS) and its ROCE trend, we weren't exactly thrilled. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit ...

Robert (Bob) D. Blackledge, of El Cajon, CA passed away on June 4, 2024, at home with his family after a short illness. He was born in Manila, the Philippine Islands, on February 8, 1937 ...

The Loungers bar and restaurant chain has been snapped up by a New York investment firm that already owns the Punch pub company, Majestic Wine and Curzon cinemas in a £338.3 million agreed deal.

A giant chain of cafés, bars and restaurants that started life in the West Country with one venue and just a few thousand pounds is set to be sold to US investors for £338 million. Loungers ...

The move comes as Loungers, which operates all-day café-bar-restaurants sites under the Lounge, Cosy Club and Brightside brands, announced a revenue lift of 19.2% and adjusted earnings before interest ...

Loungers announced its board had backed the deal on Thursday. The Loungers board has backed an offer from Fortress Investment Group which values the bar group at £338m. Fortress will offer 310p ...

Loungers CEO Nick Collins has claimed the business has enjoyed “excellent progress” as revenue rose by 19.2% and adjusted EBITDA climbed 25.0%, in its latest results. The business, which also ...

Fund manager Downing, which has a 1.5 per cent stake in Loungers, said it was 'absolutely furious' about the proposed deal. And Gresham House said it would use its near-4 per cent stake to 'vote ...

Cafe bar business Loungers has agreed to be bought by a US investment group in a deal which values it at about £338 million. Fortress Investment Group said it has made an offer for the UK ...

Loungers, which has grown from a single cafe-bar set up by three friends in Bristol with £10,000 into a nationwide chain, is set to be sold for £351million. The hospitality group, which has 292 ...

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, which ...

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 ...