The Big Table Group Limited agreed to acquire 75 Frankie & Benny's and Chiquito Restaurants from The Restaurant Group plc (LSE:RTN) for £1 on September 11, 2023. Big Table Group Ltd, will pay a nominal £1 for Restaurant Group?s loss-making Leisure business and will receive a ?contribution? from Restaurant Group of £7.5 million. The transaction is expected to close in the early fourth quarter of this year. President Ken Hanna would step down at the 2024 annual general meeting, which has only been in office since the beginning of 2022. Lazard & Co., Limited acted as financial advisor to The Restaurant Group plc. Sally Wokes, Chris McGaffin, Sarah Osprey, Jane Edwarde, Duncan Blaikie, Philippa O'Malley and Matthew Tobin of Slaughter and May acted as legal advisor to The Restaurant Group plc.

The Big Table Group Limited completed the acquisition of 75 Frankie & Benny's and Chiquito Restaurants from The Restaurant Group plc (LSE:RTN) on October 30, 2023