IN BRIEF: Chapel Down stops seeking buyer and warns of poor harvest
Chapel Down Group PLC - Tenterden, Kent-based wine maker - Shares slide on Friday, as Chapel Down ends its strategic review with a decision to remain independent and warns that poor weather in southern England in the early autumn will hurt the 2024 grape harvest. Chapel Down says it "evaluated a number of opportunities" since announcing the strategic review in June, but none "that would create superior long-term shareholder value than Chapel Down remaining a stand-alone AIM listed company". Therefore, the company is no longer in an offer period. Read More