Regent Inns issues warning
REGENT Inns, which owns Walkabout and Jongleurs, yesterday warned that full-year profits would be "minimal" and revealed talks over a sale of the business had ended.
The bar operator said there were likely to be job losses amid plans to cut costs to shore-up the business following the failure of talks with potential suitors, thought to have included Brook Leisure and Sun Capital Partners. Regent Inns said it would be selling non-core properties and seeking to reduce its debt.
The full article contains 86 words and appears in The Scotsman newspaper.
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Last Updated:
26 June 2008 8:51 PM
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Source:
The Scotsman
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Location:
Edinburgh