From Nasdaq: 2024-07-08 03:00:19

Marston’s Plc has sold its 40% interest in Carlsberg Marston’s Limited to Carlsberg A/S for 206 million pounds, making Marston’s a pure hospitality business focused on pubs. The deal is expected to be completed by September 2024. The company plans to use the proceeds to pay down debts, reducing overall interest expenses by 18 million pounds annually. CMBC will continue to supply Marston’s through a long-term brand distribution agreement.



Read more at Nasdaq: Marston’s To Dispose Of 40% Stake In Brewing JV To Carlsberg For GBP 206 Mln Cash