Interior of Katsuya in Hollywood

Interior of Katsuya in Hollywood

SBE, The One Group terminate sale agreement

Decision to halt sale of Katsuya, Cleo brands is mutual

An agreement by SBEEG Holdings LLC to sell the Katsuya and Cleo restaurant brands to The One Group Hospitality Inc. has been terminated, both companies said late Wednesday.

No reason was provided, and the decision to terminate was mutual, according to a statement issued by both companies.

SBE, the Los Angeles-based subsidiary of SBEEG Holdings and a multi-brand restaurant, hotel and nightclub operator, announced an agreem

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish