Japan noodle shop operator Toridoll to take Hong Kong unit private
HONG KONG — Japanese billionaire-owned restaurant operator Toridoll is taking Hong Kong-listed noodle chain Tam Jai International private after only three and a half years in the public market as local retail consumption slumps amid shifting spending patterns and a stagnant economy. Toridoll indirectly owned around 74% of Tam Jai shares, including unexercised stock options,…
