Hostmore set to acquire TGI Fridays’ US business
The parties have agreed that the transaction, which brings together TGI Fridays’ largest franchisee with the global franchisor, will result in existing Hostmore shareholders holding a 36% shareholding in the enlarged business upon completion. TGI Fridays shareholders will hold a 64% shareholding in the combined group, which will be renamed TGI Fridays plc. Under the […]
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