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...Apollo Global Management of the US bought Wagamama owner The Restaurant Group for £506mn in October....
...Website; Directions— Harriet Agnew, FT asset management editor Dear Jackie 20 Broadwick Street, London W1F 9NE Deep beneath the Soho streets, Dear Jackie looks like a homage to both the neighbourhood’...
...“Management in hospitality is next level,” he says. “You have to get to know and understand different people [and what] they’re up against.” It also means finding the right job fit for skills....
...The appeal wasn’t operational (the restaurants have different suppliers and different management). It was about making a statement. “It helps us create a bigger presence in Soho,” he says....
...Last year, a number of UK companies, including veterinary pharmaceuticals company Dechra and the restaurant group behind Japanese dining chain Wagamama, were acquired by buyout firms....
...He had years ago been in a firm called Cerberus Capital Management. And then just prior to forming Kingswood, he was at another firm called Ares Management....
...(New York Times) — Freezing out short sellers will not fire up South Korean growth (Nikkei Asia) — Relief after refunding (Goldman Sachs) — 2024 long-term capital market assumptions (JPMorgan Asset Management...
...He’s in Lausanne for five months — and about $28,000 — to gain a culinary and restaurant management certificate, one of several short or postgrad courses that EHL also offers....
...According to the data from the Bureau of Economic Analysis, US consumers spent less on cars, fuel and restaurants in the first quarter, but more on financial services and insurance....
...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....
...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...
...made a surprise bid for the restaurant operator....
...shake up the investment management industry....
...“But, in my opinion, this is driven by greed and poor management, as well as a failure of the wider public to value the roles that [chefs] perform.”...
...The chair of Wagamama owner The Restaurant Group has said he will step down for personal reasons following a growing chorus of calls from activist investors for him to go....
...In a recent presentation, the company said it would look into the management of the art museum, but provided no details....
...Apparently, Apollo Global Management has other priorities....
...Website; Directions— Helen Hayes, asset management, Toronto Hotel Helka, Helsinki Conveniently located in the heart of the city, this hotel is special in that it has work by different contemporary artists...
...All I know is that the performance of their funds under management has been top quartile and resilient in these challenging times....
...Job adverts for staff in the service sector, including restaurants and hotels, also want younger applicants....
...Rich neighbourhoods tend to have better schools, good restaurants, lower crime, and so on. They also ensure that residents do not have to worry about standing out as the rich person in town....
...The second area is tackling management practice, to see what restaurant managers and staff are doing to cut waste....
...Ann Francke, chief executive of the Chartered Management Institute, says the videos can be a “wake-up call to leaders about potential management shortcomings”....
...Corporate updates: The Restaurant Group acquisition by Apollo Global Management is expected to be completed, after shareholders approved the deal at an extraordinary general meeting last month....
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