Wagamama owner targeted by second activist investor

Wagamama operates more than 400 restaurants and pubs across the UK, including chains Frankie & Benny’s, Chiquito, and Brunning & Price.

The owner of the Wagamama restaurant chain is being targeted by a second activist investor — Irenic Capital — with Oasis Management already pushing the London-based company for changes, according to people with knowledge of the matter.

Irenic Capital has had private discussions with the Restaurant Group, the sources said.