Chicago Rock Café owner interested in Regent Inns

by Christopher Walton, Tuesday 22nd July 2008 09:00

Luminar has dismissed reports it is to make a bid for struggling bar operator Regent Inns, while conceding 3D entertainment, a company it holds a 49% stake in, might.

Over the weekend nightclub owner Luminar was linked with a bid for Regent Inns, which owns Walkabout.

Although Luminar issued a statement this morning saying it had not made any approach, nor was it in discussions for Regent Inns, it has since conceded 3D Entertainment is keen on a deal.

Luminar formed 3D Entertainment in 2006 to divorce its bar brands Chicago Rock Café and Jumpin Jaks from its core nightclub proposition after failing to find a trade buyer.

It is currently looking to dispose of its 49% stake in 3D Entertainment. The remaining shares in the company are held by the management team and property company Prestbury.

Regent Inns ends sale talks and shuffles management team >>

Regent Inns in sale talks >>

Regent Inns puts bars up for sale >>

Luminar sells entertainment division >>

By Christopher Walton


 

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