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Loungers announced its board had backed the deal on Thursday. An investor battle has erupted over a private equity bid for Cosy Club and Brightside operator Loungers, with some “furious” over ...

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 ...

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 ...

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 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 ...

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 ...

Bidco stated on the London Stock Exchange: “Bidco is pleased to announce that… it has procured a non-binding letter of intent from Canaccord Genuity Asset Management to vote in favour of the ...

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 ...