Pizza Express mulls bid for Wagamama owner

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The board of TRG … confirms it has received a request within the last week from Wheel Topco … for diligence information on the company … to enable Wheel Topco to evaluate a possible offer for the company,” the business told shareholders on Thursday. “No written or verbal indicative proposal relating to a possible offer, including as to terms, price or form of consideration, has been made to the board of TRG by Wheel Topco.” The news comes two weeks after the board of TRG backed a £701 million takeover offer from private equity group Apollo. To sweeten the deal TRG also said it would pay Big Table Group £7.5 million.