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Gresham House Strategic plc

MJ Hudson advises minority seller in £559m Wagamama sale

MJ Hudson | Law has advised a minority investor on the sale of its interests, as part of the £559 million sale of the Wagamama restaurant chain by Private equity firm Duke Street to The Restaurant Group.

Established in 1992, the Wagamama restaurant chain, based in the UK, offers a selection of fresh, pan-Asian cuisine.

Following Duke Street’s acquisition in 2011 for £215 million, Wagamama has almost doubled in size. It currently has 133 restaurants in the UK, five outlets in the USA and 58 franchise restaurants operating in 23 markets spread across Western Europe, Eastern Europe, the Middle East and New Zealand.

 

Gresham House Strategic PLC (LON:GHS) has a 1.3% ownership of MJ Hudson as of June 2018.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.