Brief: Restaurant Group Announces Proposed Sale Of Leisure Business To BTG

Restaurant

11/09/2023 07:21

Sept 11 (Reuters) - Restaurant Group PLC  RTN.L :
    * PROPOSED SALE OF LEISURE BUSINESS TO BTG
    * TRG SIGNS AGREEMENT IN RESPECT OF PROPOSED SALE OF LEISURE
BUSINESS TO BIG TABLE GROUP ("BTG")
    * PROPOSED SALE OF LEISURE BUSINESS TO BTG
    * TRANSACTION EXPECTED TO BE MARGINALLY EPS ACCRETIVE IN ITS
FIRST
FULL YEAR FOLLOWING COMPLETION
    * TRG WILL PAY A CASH CONTRIBUTION OF £7.5M TO BIG TABLE
GROUP
    * TRANSACTION IS EXPECTED TO COMPLETE IN EARLY Q4 2023

Source text for Eikon:  ID:nRSK9921La 
Further company coverage:  RTN.L 

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