In November, Fortress made an offer for Loungers at 310p per share, valuing the business at around £338m, which was rejected. Earlier this month it increased its offer, valuing the group at £354.4m.

Shareholders have backed an increased and final offer for the takeover of hospitality operator Loungers. The deal values the business at about £354.4m. Last year, Fortress Investment Group, which has ...

Loungers, the highly successful Bristol-based café/bar chain, is under new ownership after being acquired by a US private equity firm for £354m. Fortress Investment Group, which owns Majestic Wines, ...

Loungers, which was founded in 2002 by Alex Reilley, David Reid and Jake Bishop, has been sold to Fortress Investment Group for £354m Loungers shareholders have voted to accept a £354.4m bid from ...

Loungers, which runs the Lounge, Cosy Club and Brightside brands, is to change hands in a deal with Fortress Investment Group which is looking to grow the Loungers empire. It was announced today ...

When deciding which hotel to choose for your stay in a city like Tokyo, it is sensible to consider the added extras provided by a hotel, Club Lounge or Club Room. Offerings usually include ...

Visit americanexpress.com to learn more. A new American Express Centurion Lounge, complete with a rooftop bar, patio and other premium amenities, is coming to Boston Logan International Airport (BOS).

Oprah said when highlighting this cozy outfit in this year's Favorite Things list. "This year’s lounge set, with a V-neck, remains the best for lounging around. It comes in a number of luxurious ...

After a three month closure, the Lufthansa Business Lounge at Heathrow Terminal 2 has reopened. It is, dare I say, better than expected. The lounge has a capacity for up to 350 passengers, making it ...

By Christine Chung In 2025, air passengers will see lounge openings and changes in frequent flier programs, and the number of premium and elite offerings will continue at a steady ascent.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government buildings have been “left to crumble” causing disruption to public services, the National ...