Breal Capital and Calveton have agreed to buy the chain whose UK owner fell into administration last month. However, more than 1,000 TGI Fridays UK staff will be made redundant as

The reports of TGI Fridays’ mass closures are true—35 restaurants have been shut down in the UK, but the rest were rescued by a private equity firm.

TGI Fridays is nearing a pivotal rescue deal for its British operations, a move that could secure more than 2,000 jobs across the popular restaurant

Thirty-six of the casual-dining chain’s 87 locations were shuttered and the rest were sold to a pair of private-equity firms through the

More than 50 TGI Fridays restaurants have been rescued - including its Stoke-on-Trent site. A rescue deal for the troubled restaurant chain has been struck with its venue on Etruria Road, in Hanley, among those remaining open. Unfortunately, 35 of its ...

More than 1,000 TGI Fridays' UK staff will be made redundant despite a rescue deal from the owners of restaurant group D&D London. They have bought the UK operator of the American-themed chain, after its owner fell into administration last month.

The deal would look to save 55 of the 87 restaurants that will have to close, so despite some TGI Fridays being able to stay open, over 1000 jobs would be lost.

THE future of three popular south Essex restaurants has been revealed as TGI Fridays has secured a rescue deal after its previous operator fell into administration

A Doncaster restaurant – one of 87 TGI Fridays branches at risk after the firm behind it collapsed into administration – could be saved, with a rescue deal “nearly agreed,” according to reports.