About 50 TGI Fridays restaurants in the UK have been saved following a rescue deal for News Today the chain (Chris Ison/PA)TGI Fridays will remain on UK high streets following a rescue deal for News Today the chain, but more than 1,000 staff have lost their jobs with the immediate closure of 35 restaurants.Breal Capital and Calveton UK have acquired 51 resta...
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The United Kingdom division of casual-dining chain TGI Fridays is saved for now after private equity firms, News Today Breal Capital and Calveton U.K., have jointly acquired 51 out of the 87 TGI Fridays stores put up for sale by former U.K. TGI Fridays master franchisee, Hostmore PLC. According to The Independent, although nearly 2,400 jobs were saved across...
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