10th Nov 2014 10:41
LONDON (Alliance News) - Better Capital PCC Ltd on Monday said its BECAP12 Fund LLP has completed the acquisition of iNTERTAIN Ltd and its subsidiaries.
Under the deal, the fund has committed GBP20 million to fund the debt acquisition along with future financing requirements for the business.
iNTERTAIN was created in October 2009 in order to buy the prime trading assets of Regent Inns PLC. The business now owns the Walkabout chain of bars.
Better Capital shares were down 0.6% to 82.99 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
BCAP.L