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IN BRIEF: City Pub urges shareholders vote for acquisition by Young's

13th Dec 2023 21:56

City Pub Group PLC - London-based owner and operator of 52 pubs - Says board unanimously recommends shareholders vote in favour of scheme for its acquisition by Young & Co's Brewery PLC at general meeting vote. Says the general meeting is scheduled for January 17. Says the acquisition, agreed in November, is worth GBP162 million.

Current stock price: 23.00 pence each

12-month change: down 46%

By Harvey Dorset, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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