Join our community of smart investors

Could Marston’s bid raise pub sector cheer?

Management plans to evaluate a cash offer from Platinum Equity Advisors
Could Marston’s bid raise pub sector cheer?
  • Pub chain rejects 105p private equity approach
  • Bid follows offers of 88p and 95p in December

Updated 16.30 01.02.21

IC TIP: Hold at 86.3p

Investors in the pub sector – and the shares of UK-focused companies more generally – will be closely watching the unfolding situation at Marston’s (MARS) this week, after the group rejected a 105p-per-share takeover proposal from Platinum Equity Advisors.

To continue reading...
OR
Register for free
Read 3 articles for free each month
Have an account? Sign in