UK hospitality group Loungers to be bought by US firm for £338m
London-listed company strikes deal with Fortress Investment Group, although shareholder approval neededThe cafe bar business Loungers has agreed to be bought by a US investment group in a deal that values it at about £338m.Fortress Investment Group said it has made an offer for the UK hospitality group through a newly formed investment vehicle. Continue reading...
London-listed company strikes deal with Fortress Investment Group, although shareholder approval needed
The cafe bar business Loungers has agreed to be bought by a US investment group in a deal that values it at about £338m.
Fortress Investment Group said it has made an offer for the UK hospitality group through a newly formed investment vehicle.
