The Restaurant Group

[7] In 2018, two years after announcing the closure of 33 units due to falling sales and profits,[8] the firm purchased noodle chain Wagamama for £559m, to diversify its portfolio.

[9] In May 2018, the Brunning & Price division purchased the Ribble Valley Inns, a collection of restaurant and real ale pubs in the north of England, from the Northcote Group for an undisclosed sum.

[10] In August, the division purchased the 11-strong portfolio of Food & Fuel Pubs, which included two Coco Momo wine bars, for £15.4 million.

[14] On 8 June, TRG said it was in discussions with its landlords about potential restructuring options,[14] and three days later announced it had entered a company voluntary arrangement (CVA) and planned to cut 125 sites.

[17][18] In October, the board of the company announced that it intended to recommend to shareholders that they accept a £506 million takeover offer from US buyout group Apollo Global Management (APG).