Fortress Investment Group to buy UK's Loungers in $444 mln deal

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Nov 28 (Reuters) - Loungers LGRS.L, which operates cafes, bars and restaurants across the UK, said on Thursday that it would be bought by U.S.-based investment firm Fortress Investment Group at an enterprise value of about 350.5 million pounds ($443.6 million).

($1 = 0.7901 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Janane Venkatraman)

((abyjose.koilparambil@thomsonreuters.com))

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