October 30, 2018 / 7:18 AM / 16 days ago

Britain's Restaurant Group buys Asian-food chain Wagamama

Oct 30 (Reuters) - Frankie & Benny’s owner Restaurant Group Plc said on Tuesday it had acquired the Wagamama noodle chain for 357 million pounds ($457.03 million) in cash.

The company said the deal had an enterprise value of 559 million pounds, and included 138 directly-operated restaurants in the UK and the US and 58 franchised restaurants in Europe, the Middle East and New Zealand. ($1 = 0.7811 pounds) (Reporting by Sangameswaran S in Bengaluru; editing by Patrick Graham)

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