UK restaurant owner bids for tapas

The owner of the Bella Italia and Cafe Rouge chains hit back today in the bidding war for Spanish tapas restaurant business La Tasca.

UK restaurant owner bids for tapas
Fri, 30 Mar, 2007 - 20:32

The owner of the Bella Italia and Café Rouge chains hit back today in the bidding war for Spanish tapas restaurant business La Tasca.

Tragus increased its offer to 192p a share, valuing the group at £99.7m (€146.8m), in an attempt to trump property entrepreneur Robert Tchenguiz.

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CourtsBusinessHeathrowPlace: UKPerson: Robert TchenguizPerson: TchenguizOrganisation: Bella ItaliaOrganisation: Cafe RougeOrganisation: La TascaOrganisation: TragusOrganisation: R20Organisation: KaupthingOrganisation: Blackstone
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