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Robert Tchenguiz
Robert Tchenguiz (born 9 September 1960) is a British entrepreneur, property investor, activist shareholder and securities dealer. The younger brother of Vincent Tchenguiz, he undertook a series of corporate deals, focusing particularly on property assets associated with UK pub and supermarket chains, during the 2000s. However, the value of some of his investments plunged during the financial crisis of 2007–08, exacerbated by the collapse of his major financial backer, Iceland's Kaupthing Bank. He and his brother's businesses were also the target of a UK Serious Fraud Office enquiry, and of various lawsuits. Early life Tchenguiz was born in Tehran, Iran, to an Iraqi-Jewish family, the son of Victor and Violet Khadouri.The Daily Telegraph: "Lis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tehran
Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most populous city in Iran and Western Asia, and has the second-largest metropolitan area in the Middle East, after Cairo. It is ranked 24th in the world by metropolitan area population. In the Classical era, part of the territory of present-day Tehran was occupied by Rhages, a prominent Median city destroyed in the medieval Arab, Turkic, and Mongol invasions. Modern Ray is an urban area absorbed into the metropolitan area of Greater Tehran. Tehran was first chosen as the capital of Iran by Agha Mohammad Khan of the Qajar dynasty in 1786, because of its proximity to Iran's territories in the Caucasus, then separated from Iran in the Russo-Iranian Wars, to avoid the vying factions of the previously ruling Iranian dynasties. The capital has b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitization
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS). The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non- stationary due to changes in volatility that are time- an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yates's
Yates is a British pub chain. It was founded as Yates's Wine Lodge in Oldham, Lancashire by Peter and Simon Yates in 1884. History Yates is Britain's oldest pub chain. Its motto was ''moderation is true temperance''. The founders, brothers Peter and Simon Yates, were from Preston. Peter (who lived from April 22, 1854–1944) was sent to Spain to learn about wine. Simon went to the US to learn about business methods. The first Yates Wine Lodge opened in Oldham in 1884. Ownership Public company On July 23, 1994, Yates became a public company owned by the Yates Group PLC (Yates Brothers Wine Lodges PLC). The Yates Group also owned Ha! Ha! Bar & Canteen and operated pubs under the Blob Shop and Addisons name. In the late 1990s, its share price rose to reach a high of 550p in 1998. In June 2001, the Yates Group entered takeover talks with Luminar Group. In July 2001, it withdrew from takeover talks and saying it would instead sell off 25 of its pubs, later putting 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bay Restaurant Group
The Bay Restaurant Group is a hospitality company in the United Kingdom, specialising in restaurant and pub chains. History The company originates from three former companies: Yates's, SFI Group and the Laurel Pub Company. Laurel Pub Company The group has its origins in the Laurel Pub Company, which was owned by Robert and Vincent Tchenguiz, two Iranian businessmen. It originally owned the Hogshead pub chain. In May 2004, it sold 432 neighbourhood pubs for £654m to Greene King. Robert Tchenguiz's R20 bought the company for £151m in November 2004. In June 2005, it bought the Slug and Lettuce, and Bar Med for £80m when the Surrey-based SFI Group went into administration. It also bought Yates's for £202m, with many becoming Slug and Lettuce outlets. In February 2006, it sold the Forno Vivo and Santa Fe chains. In April 2007, it bought the La Tasca chain for £123m, but in 2011, La Tasca demerged into a standalone business under La Tasca Holdings Ltd. Financial difficultie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spirit Pub Company
Spirit Pub Company plc (Spirit) was a pub and restaurant company in the United Kingdom based in Burton upon Trent and originally formed by Punch Taverns. It was listed on the London Stock Exchange until it was acquired by Greene King in June 2015. History Spirit Group was originally formed by Punch Taverns in February 1999 to operate its managed pub estate including pubs acquired from Allied Domecq. Spirit Group was demerged by Punch in February 2002. Spirit Group then acquired Scottish & Newcastle’s retail business, before itself being re acquired by Punch in May 2006. Spirit was demerged from Punch Taverns for a second time in August 2011. The shareholders accepted a takeover offer from Greene King in January 2015. The takeover was completed in June 2015. Operations Spirit had seven hundred and seventy seven branded managed pubs throughout the United Kingdom in August 2013, and a further 452 leased pubs. Spirit employed an average of 16,800 people in 2013. Its properties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punch Pubs
Punch Pubs & Co is a pub and bar operator in the United Kingdom, with around 1,300 leased pubs. It is headquartered in the traditional brewing centre of Burton upon Trent in Staffordshire. It was listed on the London Stock Exchange as a constituent of the FTSE SmallCap Index until its sale in 2016 for £403m to a private equity fund, Patron Capital, acting in concert with Heineken International who acquired 1,900 of Punch's pubs as part of the deal. History The company was established by former PizzaExpress head Hugh Osmond and Café Rouge founder Roger Myers in 1997 when they bought the Bass Brewery portfolio of public houses. In 1999 Punch purchased Inn Business Group plc, and later Allied Domecq's pubs for £3 billion, beating a rival bid from Whitbread. After the deal, Punch spun off its managed pubs into a separate division, Punch Retail, which was later renamed ''Spirit Group''. In 2002 Punch demerged the ''Spirit Group'' and then floated itself on the London Stock Exch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odeon Cinemas
Odeon, stylised as ODEON, is a cinema brand name operating in the United Kingdom, Ireland and Norway, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsidiary of AMC Theatres. It uses the famous name of the Odeon cinema circuit first introduced in Great Britain in 1930. The first Odeon cinema was opened by Oscar Deutsch in 1928, in Brierley Hill, Staffordshire (now West Midlands), although initially called "Picture House". The first cinema to use the Odeon brand name was Deutsch's cinema at Perry Barr, Birmingham in 1930. Ten years later Odeon was part of the Rank Organisation who continued their ownership of the circuit for a further sixty years. Through a number of sales and acquisitions in the early 2000s the company was purchased by Terra Firma, which merged Odeon and UCI Cinemas to form Odeon UCI Cinemas Group. Most UCI cinemas then took the Odeon brand name in 2006. Terra Firma/UCI sold the company to AMC Theatres in Novembe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Selfridges
Selfridges, also known as Selfridges & Co., is a chain of high-end department stores in the United Kingdom that is operated by Selfridges Retail Limited, part of the Selfridges Group of department stores. It was founded by Harry Gordon Selfridge in 1908. The historic Daniel Burnham-designed flagship store on London's Oxford Street is the second-largest shop in the UK (after Harrods) and opened on 15 March 1909. Other Selfridges stores opened in the Trafford Centre (1998) and Exchange Square (2002) in Manchester, and in the Bullring in Birmingham (2003). In the 1940s, smaller provincial Selfridges stores were sold to the John Lewis Partnership, and in 1951, the original Oxford Street store was acquired by the Liverpool-based Lewis's chain of department stores. Lewis's and Selfridges were then taken over in 1965 by the Sears Group, owned by Charles Clore.subscription required Expanded under the Sears Group to include branches in Manchester and Birmingham, the chain was ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savoy Hotel
The Savoy Hotel is a luxury hotel located in the Strand in the City of Westminster in central London, England. Built by the impresario Richard D'Oyly Carte with profits from his Gilbert and Sullivan opera productions, it opened on 6 August 1889. It was the first in the Savoy group of hotels and restaurants owned by Carte's family for over a century. The Savoy was the first luxury hotel in Britain, introducing electric lights throughout the building, electric lifts, bathrooms in most of the lavishly furnished rooms, constant hot and cold running water and many other innovations. Carte hired César Ritz as manager and Auguste Escoffier as '' chef de cuisine''; they established an unprecedented standard of quality in hotel service, entertainment and elegant dining, attracting royalty and other rich and powerful guests and diners. The hotel became Carte's most successful venture. Its bands, Savoy Orpheans and the Savoy Havana Band, became famous, and other entertainers (who w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Art Deco
Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the United States and Europe during the 1920s and 1930s. Through styling and design of the exterior and interior of anything from large structures to small objects, including how people look (clothing, fashion and jewelry), Art Deco has influenced bridges, buildings (from skyscrapers to cinemas), ships, ocean liners, trains, cars, trucks, buses, furniture, and everyday objects like radios and vacuum cleaners. It got its name after the 1925 Exposition internationale des arts décoratifs et industriels modernes (International Exhibition of Modern Decorative and Industrial Arts) held in Paris. Art Deco combined modern styles with fine craftsmanship and rich materials. During its heyday, it represented luxury, glamour, exuberance, and faith in soci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Mex House
Shell Mex House, also known as 80 Strand, is a grade II listed building located at number 80 Strand in London, England. The building was opened in 1932 on the site of the Hotel Cecil and stands behind the original façade of the hotel, between the Adelphi building and the Savoy Hotel. Broadly Art Deco in style, it was designed by Frances Milton Cashmore of the architectural firm of Messrs Joseph. Description Standing 58 m (190 ft) tall, with of floor space, Shell Mex House has 12 floors (plus basement and sub-basement) and is immediately recognizable from the River Thames and the South Bank by the clock positioned on the south side of the building. The clock is flanked by four large, hieratic marble figures at the south corners sculpted by William Charles Holland King. The clock, which was known for a time as "Big Benzene", has the largest clock face in the UK, at 7.62 metres in diameter, just 0.02 metres more than the clocks on the Liver Building in Liverpool; it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Spirits Limited
United Spirits Limited, abbreviated to USL, is an Indian alcoholic beverages company, and the world's second-largest spirits company by volume. It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka. USL exports its products to over 37 countries. According to the official website of the company, as of March 2013, USL has more than 140 liquor brands, of which 15 brands each sell more than one million cases annually while 3 brands each sell more than 10 million cases annually. History The company originated as a trading company called McDowell and Company (also known as McDowell & Co, McDowell or McDowell's), founded in India in 1826 by Angus McDowell, a Scot. He set up a warehouse near Fort St. George, Madras (now Chennai). The company imported liquor, tobacco products, and other consumer goods into India to serve the needs of British people stationed there. McDowell & Company Limited was incorporated as a company in 1898, with an initial capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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