News: Prezzo PLC (PRZ.L)

PRZ.L on London Stock Exchange

127.75GBp
19 Dec 2014
Price Change (% chg)

0.25p (+0.20%)
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Wed, Dec 24 2014

BRIEF-Papa BidCo enters into senior facilities pact for Prezzo deal

* Entered into a permanent senior facilities agreement in connection with recommended cash acquisition of Prezzo Plc Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

RLPC-UK Prezzo buy backed with 155 mln stg loan

LONDON, Nov 11 - US private equity firm TPG's takeover of British restaurant chain Prezzo will be backed with 155 million pounds (246.00 million US dollar) of leveraged loans, banking sources said on Tuesday.

Restaurant chain Prezzo agrees to 304 mln stg cash bid from TPG

LONDON, Nov 6 - British restaurant chain Prezzo Plc has agreed to a 303.7 million pounds ($485.4 million) cash bid by U.S. private equity firm TPG which values the business at almost 10 times its core earnings, according to a statement on Thursday.

BRIEF-Prezzo receives cash acquisition offer from Papa Bidco

* Recommended cash acquisition of Prezzo Plc by Papa Bidco Limited

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