Iranian entrepreneur Robert Tchenguiz and Icelandic bank Kaupthing made a 188 pence-a-share bid on Thursday for Spanish restaurant chain La Tasca. The offer values La Tasca, the largest UK group of Spanish restaurants, at £98.6 mln (EUR 145 mln), £2.6 mln more than the £96m bid agreed Wednesday by the company's board with Café Rouge and Bella Pasta operator Tragus Holdings.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
