Pizza Express owner could make offer to buy The Restaurant Group thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
Pizza Express, which is controlled by a group of debt funds, has made tentative contact with The Restaurant Group but has yet to make a formal counterbid, Sky News learns.
Apollo Funds Agree to Buy Wagamama Owner for $623M themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
The Restaurant Group told investors it had rejected three previous takeover bids by the American private equity giant but has now reached a deal valuing its shares at around £506million.