collected by :John Locas
Golden Gate Capital Pays $565M For Bob Evans Restaurants Law360, New York (January 24, 2017, 6:27 PM EST) — Private equity firm Golden Gate Capital, with assistance from legal adviser Ropes & Gray LLP, has agreed to pay $565 million for the restaurant division of Bob Evans Farms Inc., the companies said Tuesday.
The deal sees San Francisco-based Golden Gate Capital acquire Bob Evans Restaurants, which owns and operates more than 500 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast U.S.Saed Mohseni, president and CEO of Bob Evans Farms, said in a statement that the sale of Bob Evans Restaurants…To view the full article, register now.
as informed in
Bob Evans to Sell Restaurants to Golden Gate Capital to $565 Million
An activist shareholder has won a three-year battle to split Bob Evans Farms Inc.’s restaurant and packaged food businesses.
Private-equity firm Golden Gate Capital on Tuesday said it would purchase the struggling chain of 522 family dining restaurants for $565 million.
The faster-growing packaged foods arm, which will remain publicly traded and retain the Bob Evans Farms name, has acquired Pineland Farms Potato Co. for $115 million…
as informed in
CORRECTED-BRIEF-Golden Gate Capital to buy Bob Evans Restaurants for $565 mln
Russia central bank says will buy FX for finance ministry “evenly”MOSCOW, Jan 25 The Russian central bank said on Wednesday that it would buy foreign currency for the finance ministry evenly throughout trading days as the bank would not target a particular rouble rate.