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Wagamama owner mulls sale of airport and rail‑hub dining arm, Sky News reports

Published by Global Banking & Finance Review

Posted on February 17, 2026

1 min read

· Last updated: February 17, 2026

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Wagamama owner mulls sale of airport and rail‑hub dining arm, Sky News reports
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Feb 17 (Reuters) - Britain's The Restaurant Group is exploring a sale of its airport and rail‑hub restaurant division, which trades under more than 20 brands, Sky News reported on Tuesday. The

The Restaurant Group Considers Selling Airport and Rail Dining Division

Potential Sale of Dining Division

Feb 17 (Reuters) - Britain's The Restaurant Group is exploring a sale of its airport and rail‑hub restaurant division, which trades under more than 20 brands, Sky News reported on Tuesday.

Details of the Division

The Restaurant Group, owned by Apollo Global, is working with bankers at Lazard to assess takeover appetite for the unit, which operates roughly 40 sites and employs about 2,000 people, the report said, citing sources.

Involvement of Lazard Bankers

Reuters could not immediately verify the report.

Employment Impact

(Reporting by Nithyashree R B in Bengaluru; Editing by Shinjini Ganguli)

Key Takeaways

  • The Restaurant Group is considering selling its dining division.
  • The division operates over 40 sites.
  • Lazard bankers are involved in the sale process.
  • The division employs about 2,000 people.
  • The sale could impact the UK dining sector.

Frequently Asked Questions

What is The Restaurant Group?
The Restaurant Group is a British company that operates a variety of restaurant brands, including those in airports and rail hubs, employing thousands of people across its locations.
What is a takeover?
A takeover is a corporate action in which one company acquires control of another company, often by purchasing a majority of its shares.
What is a dining division?
A dining division refers to a specific segment of a company that focuses on food and beverage services, often encompassing various restaurant brands and locations.
What is employment impact?
Employment impact refers to the effect that business decisions, such as mergers or sales, have on job availability and workforce stability within a company.
What is corporate strategy?
Corporate strategy is a company's overall plan for managing its business operations, including decisions on acquisitions, divestitures, and resource allocation to achieve long-term goals.

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