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Three things you need to know in the financial markets today from investment writer, Tony Cross. #1. The Restaurant Group snaps up Barburrito There’s a business update out from casual dining operator The Restaurant Group (LON:TRG) this morning. This leads with the acquisition of Barburrito for £7m in cash, with the underlying company having £3.9m worth of assets and expectation of delivering EBITDA of £30m over the next 12 months.
Taking a slightly earlier cut today owing to a number of factors but at 2pm, London’s AIM Index had managed to consolidate some gains, sitting up around two points on the day at 1203.18. Bezant Resources Roebuck Foods MJ Hudson DX Group Omega Diagnostics Bezant Resources [LON:BZT] was leading the board by 2pm today although trade in the stock has been rather lumpy and it does sit on a 12.5% spread.
Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross. #1. DX Group unable to present annual results before six month filing deadline There’s a warning shot from DX Group [LON:DX] this morning who have announced that they won’t be able to present their annual results before today’s AGM as an ongoing governance investigation hasn’t yet been concluded.
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