All the updated news related to trg

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The owner of restaurant chain Wagamama said sales saw a strong return last year following the ending of lockdown restrictions. However, The Restaurant Group (TRG) added it continued to trade at a loss of £32.9 million, although this was a vast ...

16 Mar 2022 at 08:55

City

The Restaurant Group cheers ‘encouraging’ sales as it speeds up closure plan

Wagamama owner The Restaurant Group (TRG) cheered “very encouraging” trading as it revealed plans to speed up its closure programme. Shares in the company, which also owns the Frankie & Benny’s brand, jumped on Tuesday morning after it hailed ...

02 May 2023 at 12:22

City

Activist Oasis puts pressure on Wagamama owner for reforms

Wagamama owner The Restaurant Group has shown “little hope for the future” and is in need of a strategy overhaul, an activist shareholder has urged. Oasis Management, a hedge fund which holds a 6.5% stake in the company, called on the ...

16 Feb 2023 at 14:47

City

Chairman of Wagamama owner to step down after months of activist pressure

The chairman of Wagamama owner The Restaurant Group (TRG) has announced plans to step down after facing months of pressure from activist investors to overhaul its strategy and leadership. Ken Hanna said he would not be seeking ...

08 Sept 2023 at 11:22

City

Pizza Express mulls bid for Wagamama owner

Pizza Express and Wagamama could be brought under the same roof, as it was revealed that the owner of the pizza chain is mulling a takeover for The Restaurant Group (TRG). TRG, the company behind Wagamama, said that it had ...

26 Oct 2023 at 07:42

City

Wagamama announces plans to open up to 10 new restaurants

Wagamama has revealed plans to open up to 10 new restaurants around the UK in a move which it said will create 500 jobs. The pan-Asian restaurant chain opened its first new site of the year in Bentley Bridge in ...

05 Feb 2024 at 10:14

City

Wagamama owner agrees takeover in £701m deal

Wagamama owner The Restaurant Group has agreed to a takeover by private equity giant Apollo in a deal worth more than £700 million. The Restaurant Group (TRG) said it backed the “certain value” offered by the ...

12 Oct 2023 at 11:50

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