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Ahead of £600m flotation plan, Burger King UK owner adds third investment bank to advisers
Ahead of £600m flotation plan, Burger King UK owner adds third investment bank to advisers
The initial public offering is reportedly slated to take place in the first half of the year.
Caffè Nero acquires remaining stake in Coffee#1
The coffee chain is expected to continue to operate as a standalone brand alongside the group’s other brands.
Mom's Touch closes all Singapore outlets operated by No Signboard
No Signboard's wholly-owned subsidiary Hawker QSR operates Mom's Touch fast-food restaurants in Singapore.
Yum China grows sales despite Delta outbreaks
Net income increased 26% to US$990 million.
No Signboard applies for extension for AGM, filing of financial results
The company and its board have been in talks with substantial shareholders for financial support.
The Cheesecake Shop sold to Australia-based investment firm River Capital
PAG Asia Capital owned the business for about five years.
Philippines’ Figaro Coffee Group eyes new growth avenues following IPO
Net proceeds from the IPO will be used for store openings, renovations, commissary expansion, and others.
Poke House pursuing London IPO, aggressive UK growth
It is projecting more than €100 million (£83 million) in revenue this year.
Hong Kong fund planning to sell Burger King biz in Japan, South Korea: reports
Burger King currently has around 150 and 440 outlets in Japan and South Korea, respectively.
Just Eat Takeaway orders past 1 billion in 2021
274 million orders were processed in the fourth quarter of last year.
Caffè Nero group completes debt refinancing
This effectively ends a takeover bid from the Issa brothers' EG Group.
UK’s HungryPanda acquires Asian food delivery platform Easi
Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.
SSP Group sees strengthened trading ahead despite 2021 sales drop
Sales in December 2021 ran at approximately 63% of 2019 levels.
Kopi Kenangan gets unicorn status after US$96m Series C funding round
The chain has grown to employ more than 3,000 staff in over 600 stores across 45 cities.
Burger King India’s board OKs fundraising plans
The chain is looking to establish 700 restaurants by December 2026.
Mad Mex founder buys back 50% share from Singapore-based 4Fingers
The company says it will “refocus its efforts” on Australian expansion.
Strong demand in Turkey lifts DP Eurasia’s sales
Digital continues to be the main driver of the business, the company said.
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