News
Today’s news in brief – 29/05/24
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Revolution Bars has rejected Nightcap’s “highly conditional” non-binding proposal yesterday (28 May), which required Revolution to proceed with the restructuring plan but not the existing fundraising of £12.5m. Following legal advice, Revolution’s board also concluded that the Nightcap proposal was “incapable of being delivered”, as a number of challenges had surfaced.
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