Brief: Young & Co's Brewery Says Proposed Deal For Approximately £162 MLN

City Pub

16/11/2023 07:26

Nov 16 (Reuters) - City Pub Group PLC  CPC.L :
    * YOUNG & CO'S BREW. CITY PUB GROUP (THE)  - RULE 2.7
ACQUISITION
    * PROPOSED DEAL FOR EACH CITY PUBS SHARE: 108.75 PENCE IN
CASH
    * PROPOSED DEAL ALSO INCLUDES 0.032658 NEW YOUNG'S A SHARES
    * TRANSACTION REPRESENTS A TOTAL IMPLIED VALUE OF 145 PENCE
PER
CITY PUBS SHARE
    * PROPOSED DEAL FOR APPROXIMATELY £162 MILLION

Source text for Eikon:  ID:nRSP6791Ta 
Further company coverage:  CPC.L 

 ((Reuters.Briefs@thomsonreuters.com;))