The activist investor targeting Wagamama’s owner The Restaurant Group (TRG) wants the company to look at selling its Brunning & Price pubs and its airport concessions business in an attempt to cut its debt pile.
Hong Kong-based Oasis is understood to be pushing for TRG to unveil divestments on Wednesday when it reveals the results of a strategic review of its business alongside its full-year results.
Oasis launched a public campaign against TRG last month, attacking its board for overseeing a “long-term decline in market value” while tapping investors for cash three times in the past five years.
Oasis, which says it owns a 6.5 per cent stake, criticised TRG for failing to update on its trading in the past six months and said it
