Wagamama owner to raise £175m because of Covid struggles

The Restaurant Group’s revenues fell 57% in 2020 on back of hospitality restrictions

The Restaurant Group, the owner of the Frankie & Benny’s and Wagamama chains, is planning to raise £175m as it continues to struggle with the impact of Covid-19.

The company said the outlook for the hospitality industry remained uncertain as long as coronavirus restrictions stayed in place.

Continue reading…

Comments (0)
Add Comment