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Wagamama proprietor agrees takeover in £701m deal

The Restaurant Group (TRG) mentioned it backed the “certain value” provided by the deal amid shopper spending woes and wider financial uncertainty.Apollo pays 65p a share for TRG, which marks a 34% premium on the agency’s share worth as of market shut on Wednesday.The...

FTSE 100 strikes increased after UK economic system rebounds in August

London’s prime inventory index has moved increased after official figures confirmed the UK economic system bounced again in August, additional dampening fears of an impending recession.Energy shares and pharmaceutical giants have helped carry the FTSE 100, bucking the pattern throughout European markets which confronted...

Miners bolster FTSE 100 as European shares make beneficial properties

Mining shares helped raise London’s FTSE 100 greater on Monday as European markets kicked off the week on a optimistic footing.The blue chip index was bolstered by beneficial properties for miners, with shares in Fresnillo, Rio Tinto, and Antofagasta all shifting up by greater...

Chairman of Wagamama proprietor to step down after months of activist strain

The chairman of Wagamama proprietor The Restaurant Group (TRG) has introduced plans to step down after dealing with months of strain from activist buyers to overtake its technique and management.Ken Hanna stated he wouldn't be searching for re-election on the firm’s subsequent annual common...

Wagamama proprietor posts gross sales leap regardless of stress on client spending

Wagamama proprietor The Restaurant Group (TRG) has shrugged off the buyer cost-of-living crunch to disclose “very encouraging” buying and selling to this point this yr.The hospitality enterprise noticed shares leap increased in early buying and selling after it additionally hailed sturdy progress on its...

Investor activists goal local weather insurance policies greater than ever earlier than, report finds

Investors have launched extra environmental campaigns than ever earlier than this 12 months, as extra corporations are coming underneath pressures from a wave of shareholder activism, a brand new report has discovered.The UK is a prime goal for activist traders as main corporations like...