Loungers and Fortress Investment Group have reached agreement on an increased and final offer valuing the hospitality group at £354.4m. The deal will see the all-day restaurant/bar/café operator taken ...

In November, Fortress made an offer for Loungers at 310p per share, valuing the business at around £338m, which was rejected. Earlier this month it increased its offer, valuing the group at £354.4m.

Shareholders have backed an increased and final offer for the takeover of hospitality operator Loungers. The deal values the business at about £354.4m. Last year, Fortress Investment Group, which has ...

Loungers, the highly successful Bristol-based café/bar chain, is under new ownership after being acquired by a US private equity firm for £354m. Fortress Investment Group, which owns Majestic Wines, ...

Loungers, which was founded in 2002 by Alex Reilley, David Reid and Jake Bishop, has been sold to Fortress Investment Group for £354m Loungers shareholders have voted to accept a £354.4m bid from ...

Samson Rock Capital LLP - Form 8.3 - Loungers Plc PR Newswire LONDON, United Kingdom, January 30 FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN ...

LONDON - Loungers (LON:LGRS) plc shareholders have voted in favor of the acquisition by CF Exedra Bidco Limited, a company indirectly owned by funds managed by affiliates of Fortress Investment ...

Loungers, which runs the Lounge, Cosy Club and Brightside brands, is to change hands in a deal with Fortress Investment Group which is looking to grow the Loungers empire. It was announced today ...

Credit: HFIPS China’s EAST project has set a new global record by maintaining a high-confinement plasma state for over 17 minutes, paving the way for future clean energy solutions by mimicking the sun ...

China's "artificial sun"—formally known as the Experimental Advanced Superconducting Tokamak (EAST), and based in Hefei—maintained steady-state, high-confinement plasma operation for 17 ...

LONDON - Prince Harry settled his privacy claim against Rupert Murdoch's UK newspaper group on Wednesday after the publisher admitted unlawful actions at its Sun tabloid for the first time ...