TRG starts £315m rights issue for Wagamama takeover
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EquityFollow-ons and Rights issues

TRG starts £315m rights issue for Wagamama takeover

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The Restaurant Group, the London-listed owner of Frankie & Benny’s, is pressing ahead with the £315m rights issue it announced last month to finance its acquisition of Wagamama, the Japanese restaurant chain, despite concern from some investors over the rationale for the takeover.

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