Chain Expansion & M&A Updates: Global Nightlife Giants Pare, New 7-Eleven and PepsiCo Forays, CAVA Investment

Some unusual M&A and expansion deals were announced last week:   –New York City-based Tao Hospitality Group, which is owned by Madison Square Garden Entertainment Group, acquired London-based Hakkasan Group. The two companies operate 61 entertainment and nightlife venues in 22 markets across five continents, as well as restaurants, including the Michelin-starred Hakkasan Mayfair and…