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City Pub Group PLC on Thursday agreed to a cash and shares takeover offer from Young & Co's Brewery PLC worth around GBP162 million, while Young's also said half-year profit rose. City Pubs is a...
Pub group and British brewery Young’s has acquired City Pub Company’s 54 sites in a deal worth £162 million.
Among the companies with reports and trading updates today are IDS, Young's, City Pubs, Hotel Chocolat, Burberry, Amigo Holdings and Aviva.
The boards of Young’s and City Pub Group have reached agreement on the terms of a recommended cash and share acquisition to which Young’s will acquire City Pub Group.
Young & Co’s Brewery said on Thursday that it has agreed to buy City Pub Group for around £162m.