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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 ...

The seat cushions are springy and padded for longterm lounging; you can also lean against the rounded armrests (which also ...

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 ...

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 ...