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Revolution Bars Terminates Acquisition Discussions With Deltic

10th Oct 2018 18:03

LONDON (Alliance News) - Revolution Bars Group PLC on Wednesday said it has terminated discussions surrounding a possible acquisition of nightclub operator Deltic Group Ltd.

The bar operator said it had concluded that the deal was not in the best interest of its shareholders.

"The company will continue to focus on delivering the positively received strategy outlined in its preliminary results announcement," Revolution said.

Shares in Revolution Bars closed down 0.75 at 127.00 pence on Wednesday.


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