Home Business NewsBusiness Marston’s in mega pub sale

Marston’s in mega pub sale

by LLB Editor
4th Nov 19 7:32 am

Marston’s says it is selling 137 pubs for £44.9m to Admiral Taverns.

“This disposal is in line with Marston’s plans to reduce its debt in part through the disposal of certain non-core assets,” the company said.

Ralph Findlay, chief executive, said: “We are making good progress with our plans to reduce our net debt by £200m by 2023 in part through the disposal of non-core assets.

“We are encouraged by the level of market interest that this portfolio of pubs has attracted”

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