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UK karaoke chain to shut three venues despite rescue deal by Moyagi Group
Summary
A UK karaoke chain will shut three venues despite a rescue deal. Swedish karaoke bar firm Moyagi Group struck a pre-pack deal to buy the chain after it hired administrators on Tuesday 6 October.
Latest: Swedish karaoke bar firm Moyagi Group struck a pre-pack deal to buy a UK karaoke chain after it hired administrators, but three of its venues will shut.
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How it unfolded
Tuesday 6 October
Swedish karaoke bar firm Moyagi Group struck a pre-pack deal to buy a UK karaoke chain after it hired administrators, but three of its venues will shut.
- 09:40The IndependentKaraoke chain to shut three venues despite rescue deal after administration
- 09:33Evening StandardKaraoke chain to shut three venues despite rescue deal after administration