Landmark deal for Carluccio's
Italian restaurant chain Carluccio's has agreed to a £90.3 million takeover by Middle Eastern retail giant Landmark Group, it was announced yesterday.
Dubai-headquartered Landmark has offered 142p-a-share in cash for Carluccio's, which has 47 restaurants and food shops in the UK.
Carluccio's - founded by celebrity chef Antonio Carluccio and his wife Priscilla in 1991 - said the deal "represents an attractive premium, in cash, at a time of macro-economic uncertainty".
The chain grew profits by 8 per cent to 2.7 million in the six months to 28 March.
Email to a friend
Print this page- Broken Rangers: Club signals intention to go into administration
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Rangers run into the ground as furious HRMC battles to claw back tax
- Rangers blame HMRC for driving club to brink of administration
- Six Nations: Steadman given notice as ruthless Robinson seeks to strengthen team
- Scottish independence: No breakthrough in talks between Alex Salmond and Michael Moore
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Tuesday’s football news and gossip
- The Rumour Mill: Monday’s football news and gossip
- Alex Salmond claims Scottish independence would be good for English regions
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Wednesday 15 February 2012
Today
Cloudy
Temperature: 6 C to 11 C
Wind Speed: 18 mph
Wind direction: West
Tomorrow
Cloudy
Temperature: 7 C to 11 C
Wind Speed: 22 mph
Wind direction: South west
