11th Jun 2015 06:48
LONDON (Alliance News) - Greene King PLC and Spirit Pub Co PLC Thursday said Greene King's takeover offer for Spirit Pub is no longer conditional on approval by the UK Competition and Markets Authority, after Greene King waived the CMA approval condition to which the offer was subject.
Greene King is buying Spirit Pub in a GBP773.4 million takeover.
Spirit shares are expected to be delisted on June 24, following which a 6.5 pence special interim dividend will be paid.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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