Revolution Bars
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Revolution Bars toasts completion of fundraise and restructuring
Bar operator will exit a quarter of sites
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Revolution’s rent reduction and restructure signed off
Bar chain will now operate from just 65 properties
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Nightcap pulls plans to bid for Revolution
But bar operator says industry consolidation remains on the menu
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Revolution shareholders ‘highly likely’ to lose all if fundraise fails
Bar operator said this week that a takeover by rival Nightcap will not happen
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Nightcap knocked back in Revolution takeover talks
Bar operator to push on with fundraise and restructuring
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Revolution and Nightcap explore takeover
Bar operator put itself up for sale last month
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Revolution ‘exploring all options’
Bar operator is considering potential closure of as many as a quarter of its properties
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Revolution to call time on eight loss-making bars
Company cites tough trading and looming living wage increase
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Revolution Bars on expansion trail
Favourable terms sought for high street units
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Revolution Bars raises £21m to get back into expansion mode
Bar chain plans new openings and further refurbishment of existing estate
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Revolution Bars launches CVA
Bar operator expects to close six premises and agree lower rents for a further seven