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Revolution Bars Group has ended its formal sales process, stating it did not result in any acquisition proposals for the entire issued and to be issued share capital of the company.
No offers for the business as board concludes sales process
Revolution Bars Group has ended its formal sales process period and entered into a period of restructuring.
Revolution Bars has called time on its formal sales process in efforts to move ahead with its restructuring plans, having rejected a takeover offer from Nightcap earlier this week.
Revolution Bars has said it's "in the best interests of all stakeholders" to push ahead with a restructuring and avoid a full sale.