(SwissChalet.com)

Fairfax proposes takeover of Recipe dining group

Chains include The Keg, Swiss Chalet, Harvey's

Reuters — Recipe Unlimited Corp. said on Tuesday shareholder and investment firm Fairfax Financial Holdings has proposed to take the Canadian restaurant operator private for $1.23 billion, sending its shares up nearly 50 per cent. The offer price marks a premium of more than 53 per cent to Recipe’s last close. The shares have fallen […] Read more



Cara to buy control of Original Joe’s chains

Cara to buy control of Original Joe’s chains

Chain restaurant firm Cara Operations is set to buy a bigger presence in Canada’s West, with a deal for control of the Original Joe’s, State + Main, and Elephant + Castle pub-style restaurant chains. Cara, whose other chains in North America include Swiss Chalet and Harvey’s, announced last week it will pay $93 million for […] Read more