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Ed's Easy Diner owner Boparan Restaurant Group was set to buy UK chain Gourmet Burger Kitchen (GBK) out of administration, Sky News reported without citing sources.
European shares turned slightly mixed as investors eyed the latest round of third quarter US bank earnings, Brexit developments ahead of a major summit this week and worries over another pause in a Covid-19 vaccine trial.
The slowdown of the Euro zone’s recovery from the Covid-19 pandemic continued as industrial production data revealed a sharp slowdown in August, official data showed on Wednesday.
House builder Barratt said it continued to see strong demand for homes after the easing of coronavirus lockdown measures in June with an increase in its sales rate from July 1 to October 11.
European shares were higher at the opening on Wednesday as investors digested earnings in the US and the upcoming Brexit summit in Brussels.
Music rights investor Hipgnosis Songs Fund said it had bought the song catalogue of Grammy-award-winning songwriter and producer L. A. Reid, for an undisclosed sum.
European food-ordering firm Just Eat Takeaway. com on Wednesday reported a 46% year-on-year rise in orders during the third quarter, driven by continuing coronavirus curbs.