Wagamama owner raises £57m in share places but warns some sites may not reopen

The Restaurant Group has raised £57m through a share placing aimed to provide the company with “sufficient” liquidity to continue to operate through the coronavirus crisis. In response to the coronavirus outbreak, the group, which is behind household names including Wagamama and Frankie and Benny’s, issued a “pessimistic scenario for the current financial year”, which […]