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...He first invested in the restaurant group in 2017 aged 29, helping spur JKS’s growth....
...A person close to the Hong Kong-based investor said its ambition was to put The Restaurant Group in a “virtuous circle” where it can “reduce debt, reduce interest, resume dividends . . . get a higher stock...
...Last year, Oasis, which largely owns stocks in Japan, became the biggest shareholder in The Restaurant Group before the Wagamama owner agreed a £506mn sale to private equity group Apollo....
...Last month, private equity group McWin announced a deal to buy a majority stake in high-end Italian restaurant Big Mamma Group....
...He found early success with a chain of themed restaurants before relocating from the UK in 1979 to the Bahamas....
...The Japanese group, a pioneer of digitalisation in bookings for travel, restaurants and hair salons, acquired Indeed, a US jobs site, in 2012 and has been expanding AI services for job searches and matching...
...In addition to his role at FTX, Salame bought four restaurants in Lenox, a town in western Massachusetts where he grew up....
...Soho House’s founder Nick Jones and the owner of the Ivy restaurant chain Richard Caring continue to have large shareholdings in the business....
...The Hong Kong-based hedge fund that waged an activist campaign pushing for a shake-up at Wagamama owner The Restaurant Group stands to net £40mn in profit from its position after private equity giant Apollo...
...Still, there is a nice sketch of the club’s 1970s immigrant Serbian chairman, who owned an Italian restaurant in Hollywood frequented by Elizabeth Taylor and Paul Newman....
...The owner of PizzaExpress is weighing a possible rival offer for Wagamama owner The Restaurant Group, weeks after private equity group Apollo agreed a surprise deal to take the casual-dining operator private...
...The building was reworked by Buckley Gray Yeoman and reopened in June with a new facade, café, restaurant and a rooftop garden. Quadrant and Oaktree declined to comment....
...The firm said on Thursday that it had reached an agreement to buy Wagamama owner The Restaurant Group in a deal valuing the company’s equity at £506mn, a 34 per cent premium to the stock’s last closing price...
...Activist hedge funds have spearheaded a shareholder revolt over executive pay and appointments at Wagamama owner The Restaurant Group, the latest skirmish in a campaign pushing for a shake-up and partial...
...It is the 16th gallery for the juggernaut, which as well as selling art has a separate business running hotels and restaurants, Artfarm....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
...The Restaurant Group has rejected hedge fund Oasis’s push to gain a board seat, setting the stage for a battle between the Wagamama-owner and the activist investor....
...Unlike The Ned’s other sites, its management is considering making the Washington site accessible only to members, with no restaurants open to the public....
...Book for as many as 10 if you want a private version; hit his website now if you want to nab a spot on the 24 October group departure. maremmasafari.com, €2,500 per person; enquire for private-travel prices...
...The Restaurant Group declined to comment. A representative for Oasis did not immediately respond to a request for comment....
...The new facility will be based in the historic Cha House, built in 1920, and will have a Gordon Ramsay restaurant, a bar and lounge, private dining rooms and terraces for members....
...The Restaurant Group, owner of the Frankie & Benny’s and Wagamama chains, plans to close 35 of its worst-performing sites, as it comes under pressure from activist investors....
...For example, a subsidiary that produces shiitake mushrooms could supply them to group conbinis and restaurants. But ValueAct has good financial justification in calling for a narrower focus....
...Salame, in addition to his role at FTX, bought four local restaurants in the western Massachusetts town of Lenox, near where he grew up, including the Olde Heritage Tavern and Sweet Dreams bakery....
...The group also controlled AC Milan until the eldest Berlusconi sold it in 2017....
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