UK - Kaupthing/Tchenguiz trump Blackstone La Tasca offer
Kaupthing Pricipal Investments has teamed up with Robert Tchenguiz to launch a rival bid for AIM-listed restaurant chain La Tasca. Earlier this week, Blackstone through its Tragus portfolio company offered £96m for La Tasca. Tragus is the name behind the Cafe Rouge and Bella Italia restaurant chains.
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