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  • ‘Game over’ for TGI Fridays’ UK owner Hostmore as shares crater almost 90 per cent

    Business

    TGI Fridays’ UK owner Hostmore is set to be wound down in a move that could wipe out its shareholders, after revealing it had dropped plans to buy the US restaurant chain for £177m. Shares in the London-listed company tanked by almost 90 per cent following the announcement on Monday. Hostmore, a hospitality firm which [...]

    The deal to save the UK operations of TGI Fridays is expected to cover 50 to 55 of the chain's 87 locations.

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