22nd Jul 2024 13:37
Gusbourne PLC - Ashford, Kent-based sparkling wine producer - Majority owner Michael Ashcroft notifies Gusbourne he wants to explore options for his 66.8% shareholding. The options could include a sale of his shares, a merger with another wine maker, and a capitalisation of all or part of his debt. Ashcroft is the former deputy chair of the Conservative Party. A similar decision to exit his holding in staffing firm Impellam Group PLC led to that company accepting a GBP483.2 million takeover from HeadFirst Global BV back in December. Gusbourne says it now is in an offer period, but neither it nor Ashcroft are currently in discussions with a potential buyer for Ashcroft's shares or the entire company. Read More
