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Apollo pays £506 million for The Restaurant Group

Private equity house Apollo has just announced the £506 million takeover of The Restaurant Group, the operator of well known restaurants chains such as Wagamama, and Frankie and Benny's.

The board of The Restaurant Group has recommended a 65p a share in cash offer from Apollo. Below is a link to the press release:..

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Date: Thursday, 12 October 2023, 7:15 am

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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