UK - Kaupthing/Tchenguiz try to see off Tragus with £104.2m bid
The bidding war for Spanish-themed restaurant chain La Tasca escalated today as a consortium made up of Kaupthing and Robert Tchenguiz, the property entrepreneur raised its bid by 6% to £104.2m. This follows a series of bids and counter-bids between the Kaupthing team and Tragus, the owner of the Bella Italia and Cafe Rouge restaurants backed by Blackstone.
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