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 ...

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.

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 ...

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 ...

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 ...

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 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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Cafe bar business Loungers has agreed to be bought by a US investment group in a deal which values it at about £338m. The company currently operates 262 sites in England and Wales across three ...

Loungers is a hospitality company based in Bristol It operates three complementary brands: Lounge, Cosy Club and Brightside Fortress is a global investment manager with around $48 billion in ...

Fortress Investment offered to acquire Loungers in a cash deal that values the company at around 338.3 million pounds ($429 million). The U.S. management firm on Thursday said it will offer 310 ...