Hints and tips:
...Apparently, Apollo Global Management has other priorities....
...US private equity group Apollo Global Management has struck a deal to buy Wagamama owner The Restaurant Group for £506mn, following a lengthy campaign by activist investors for a shake-up of the dining operator...
...During Katharine Hepburn’s 1950 visit, she provided a list of requirements to the management, one of which was that she did not want to eat in the Georgia’s dining room, nor go out to a local restaurant,...
...Think of the difference between a hotdog stand and a Michelin Star restaurant, both are in the food business and both serve food....
...One thing to start: Citigroup has unveiled its biggest reorganisation in almost two decades that will simplify the bank’s management structure and give more control to chief executive Jane Fraser....
...Roaring potato prices doesn’t seem to have hurt the company, nor weaker demand for frozen fries from US restaurants (footfall remains below the pre-pandemic level): Lamb Weston reported impressive earnings...
...Restaurants have used the scalability of online ordering to grow beyond the constraint of table covers using services such as Deliveroo and UberEats....
...Rowan bought upscale restaurants in the Hamptons. Harris collected sports teams....
...Fortress also owns the US restaurant group SPB Hospitality and this month took a majority stake in the Irish hotel company Prem Group....
...Case in point: Elliott’s 2018 victory at hotel and restaurant multinational Whitbread, when the activist used an — albeit uncharacteristic — gentle approach to get its way and spin off the group’s Costa...
...Black has acknowledged paying $9m to Guzel Ganieva since 2015 when she signed a “release and confidentiality agreement” at a meeting at the Four Seasons restaurant in New York that he secretly recorded....
...Middle-market buyout firms and companies securitising everything from pharmaceutical royalties to restaurant franchises now turn to the lending businesses of Blackstone Group, Apollo Global Management and...
...The response marked Black’s latest effort to contain the fallout from a series of allegations surrounding his personal life and business interests outside Apollo Global Management, the $455bn investment...
...Guzel Ganieva was in her early 20s when she says Black picked her out of a crowd at a New York event marking International Women’s Day, and invited her to discuss her future over dinner at the upscale restaurant...
...Raised in the Chicago suburbs, the son of a restaurant owner, he wound up in the Bay Area almost by accident....
...When parts of the Harrah’s casino empire entered bankruptcy in 2015, hedge fund creditors including Appaloosa Management and Elliott Management took a tough line....
...A $180 charge for a meal with a management team in 2010 turned out to be paid to a vendor called La Contessa — a high-end hair salon rather than a restaurant....
...The deal catapults MS’s investment management house into the trillion-dollar club....
...The private equity firms Apollo Global Management and TPG acquired what was then known as Harrah’s Entertainment for more than $30bn (the business model and operations are somewhat different so the transaction...
...Mr Black’s personal investments have included a restaurant chain called Huddle House and a Pennsylvania environmental services company linked to Epstein, and he chairs New York’s Museum of Modern Art....
...His emphasis at the firm has been on the consumer sector, where he was involved in several large restaurant chain deals....
...The likes of Elliott Management, Third Point as well as other hedge fund activists had joined with asset managers to fight the proposal....
...Apollo Global Management and Elliott Management this week abandoned earlier plans to refinance the US oil and gas driller EP Energy....
...Hotel chain Marriott tapped the bond market this week, while earlier this month Texan billionaire Tilman Fertitta raised debt backing his casino and restaurant empire at more than 14 per cent — the highest...
...(FT) The Naked Chef Two decades after Jamie Oliver burst on to TV screens as a young chef with a taste for popular food culture, the British cook looks back on the fall of his restaurant empire and his...
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