Breweries and Distilleries

Marston’s ‘unanimously rejects’ Platinum takeover bid

The offer was snubbed on the grounds it ‘significantly undervalues’ the brand

Marston’s, the brewery, pub, and hotel operator, has rejected a takeover bid submitted by Platinum Equity, a US-based private equity investment firm.

The proposal, which represented 105 pence per Marston’s share, was “unanimously rejected” on the grounds that it “very significantly undervalues” the brand.

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