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Tag: takeover

Fear of Pizza Express closures as chain faces takeover by bondholders | Business

Pizza Express is set to be taken over by its bondholders, with the possibility of restaurant closures as the high street chain struggles with the loss of revenues during the coronavirus pandemic. The chain’s Chinese owner, Hony Capital, could lose control of the company as part of a debt-for-equity swap. A group of investors in …

Fear of Pizza Express closures as chain faces takeover by bondholders | BusinessRead More

Hudson’s Bay takeover saga nears an end

Get great content like this right in your inbox. Subscribe Hudson’s Bay Company has moved closer to being taken private. A special committee of the department store company’s board has reaffirmed its endorsement of a buyout of shares to take the company private by a group headed by executive chairman Richard Baker after receiving an …

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Takeaway.com’s Just Eat takeover deal faces UK competition probe

A food delivery courier working for Just Eat in London. Simon Dawson | Bloomberg | Getty Images Takeaway.com’s £6.2 billion ($8.1 billion) takeover of rival food delivery firm Just Eat has been delayed after the U.K.’s antitrust regulator launched an initial probe into the deal. The Competition and Markets Authority (CMA) said on Friday that …

Takeaway.com’s Just Eat takeover deal faces UK competition probeRead More

LVMH makes takeover bid for Tiffany & Co.

A French luxury goods conglomerate is looking to add a U.S. crown jewel to its portfolio. LVMH Moet Hennessy Louis Vitton has made a bid for Tiffany & Co. The U.S. high-end jeweler confirmed Monday that it received an unsolicited, non-binding proposal from LMVH for $120 per share in cash. The offer would value Tiffany at nearly …

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