Cosy Club owner Loungers snapped up by Fortress for £338m Business Fortress will offer 310p per share, which is a 30 per cent premium to Loungers' closing price yesterday and above its highest ever trading price.
Vagabond Wines: How troubles at Heathrow and Gatwick airports led to collapse before the Majestic rescue Administration Vagabond Wines, which has the majority of its sites in London, owed more than £10m as it collapsed into administration ahead of being rescued by Majestic Wine, it has been revealed.
Majestic saves Vagabond’s wine bars – but one London branch to shutter Hospitality Retailer Majestic Wines has bought Vagabond Wines out of administration, saving nine of its wine bars from closure.