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...The 10 investment banks and proprietary traders are investing a combined $172mn for a 26 per cent stake in Lutnick’s venture, called FMX. The investment will give FMX a valuation of $667mn....
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...The two businesses will have combined revenue of £490mn, and have 189 restaurants in the US and the UK and a total of nearly 600 restaurants across 44 countries including franchises....
...Fertitta, whose net worth Forbes estimates at about $9bn, is the owner of US basketball team the Houston Rockets, the Golden Nugget casino business and restaurant chain Landry’s....
...And thanks to a small but critical mass of other hotels and restaurants opening in proximity to the W – the InterContinental (with its outpost of NYC’s Scarpetta) and the Rome Edition among them – there’...
...as part of a younger generation of copywriters at W+K....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...A pragmatist, he golfed with George W Bush and served with Fink on Donald Trump’s economic advisory council....
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...In 2017, Restaurant Brands bought Popeye’s Louisiana Kitchen for $1.8bn in cash to get into the chicken sandwich game. And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...I recently watched a young boy sitting bored at a table in a restaurant, clearly wanting to talk, being ignored by another child and two adults all staring at their screens....
...Then I read W. Brian Arthur’s paper “Increasing Returns and the New World of Business”....
...When we are by ourselves, we visit the B&W furniture flea market — another former warehouse, which has been turned into a dream for vintage furniture lovers....
...“For me, it’s about the chase,” says LA-based Michael Eisenberg, whose passion began when he had a motorbike-themed restaurant on the Sunset Strip and was looking for wall ornaments....
...The number of Uber trips in the fourth quarter surged 24 per cent to 2.6bn, while adjusted profit margins for both the ride-hailing and the restaurant, grocery and retail delivery businesses improved year...
...“Rusty” Rush, Rush Company Despite the eye-popping inclusion of allowances for a car, an aircraft, a cell phone and a ranch, W.M....
...fallout eases (FT) Betting group Flutter proposes moving listing from UK to New York (FT) Arc’teryx apparel maker Amer Sports considers IPO price below range (FT) Private equity firm McWin buys €80mn restaurant...
...Under chief executive Dara Khosrowshahi, Uber has pushed into businesses beyond its core ride-sharing and restaurant delivery segments, including grocery delivery and advertising, which has boosted margins...
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
...Also, Citi’s de-risking seems at least partly shown by the best-in-class performance of its bonds during 2023, which now trade in line w/the other big 6 banks and better than regionals....
...“Some areas need a facelift but every time I am there I love it more, especially the dinky little cinema [Cinécran], restaurants and coffee shops,” she says....
...Thai restaurant, Baan Tepa, in 2020....
...Robert W Baird & Co agreed to pay $15mn, and William Blair & Company and an affiliate paid $10mn. The other businesses included Nuveen Securities and Fifth Third Securities....
...Like planking and peplums, meal kits are a 2010s trend that has grown stale. Blue Apron, once a near $2bn US company, has been bought by mobile restaurant start-up Wonder Group for $103mn....
...Wilkinson contrasted that with what NCR is working on with its big customers: grocery stores, petrol stations and restaurants. “They are all very concerned about sustainability,” he said....
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