Hugh Osmond, who founded U.K. restaurant chain Pizza Express, plans a successor to his Horizon investment vehicle, the Sunday Telegraph reported, citing unidentified sources close to the British entrepreneur.
Hugh Osmond’s Sun Capital Partners Inc. is unlikely to enter second-round bids for Lloyds Banking Group Plc’s branches, the Sunday Telegraph reported, citing unidentified people with knowledge of the matter.
Phoenix Group Holdings is close to agreeing to a 170 million-pound ($246 million) settlement with investor Hugh Osmond that may lead to an 800 million-pound listing on the London Stock Exchange, the Sunday Times reported.
U.K. financier Hugh Osmond’s Sun Capital Partners Ltd. is seeking to raise 2 billion pounds ($3.2 billion) to bid for 632 branches being sold by Lloyds Banking Group Plc, The Sunday Telegraph reported, without saying where it got the information.
Hugh Osmond , who started a 400 million-pound ($638 million) acquisition fund six months ago, is considering bids for Alternative Hotel Group, owner of the De Vere hotel chain, and the real estate assets of miner Scottish Resources Group, the Financial Times reported.